Gallery Art Condominium

One Hundred and Seventy-Four Homes, Almost All the Same Size

I pulled every folio the Miami-Dade County Property Appraiser holds for Gallery Art Condo at 333 NE 24 Street. The county returns 185 folios. 11 of those are commercial and are excluded from every count, median and range below, which leaves 174 residential homes.

This is the most uniform building I have measured in this dataset. Heated area runs from 692 to 1,219 square feet, and the median is 693. 94 of the 174 homes — 54.0% — measure either 692 or 693 square feet: 53 at 693 and 41 at 692. Two further plates account for 14 homes each, at 1,048 and 1,077 square feet. The bed mix follows: 144 one-bedroom homes (82.8%) and 30 two-bedroom homes (17.2%). There is no three-bedroom home in the declaration.

On the 2026 tax roll, assessed values across the 174 homes run from $198,774 to $483,594, median $304,919 — a narrow band by the standards of this dataset, and a direct consequence of how similar the homes are.

That uniformity is the single most useful fact about this building for a buyer. In most condominium declarations, the hard part of pricing is deciding which sales are comparable to the home in front of you. Here, more than half the building is the same floorplate.

Year built, storey count, architect and amenity detail are not in the county file, and are therefore not on this page.

Can Sixteen Sales in Four Years Tell You Anything?

Not about direction, no. Sixteen qualified sales across four years — and a single sale in the whole of 2025 — is not a record that can establish whether prices here are rising or falling, and I would rather say that than draw a line through four points.

What it can tell you is something narrower and still useful. The rate per square foot in all four years sits between $535 and $564, a spread of 5.4%. In a building where 54.0% of the homes are the same size, that band is more meaningful than it would be elsewhere: the sales are close to like-for-like by construction, so the consistency is not an artefact of mix. My honest reading is that the rate per foot here has been broadly stable across the window, and that I cannot tell you anything about the direction within it.

The median price column moves more than the rate per foot does — $420,000 down to $385,000 between 2023 and 2024 — while the rate per foot barely moved. That is the mix effect showing up even in a uniform building: 2023’s five sales included larger homes than 2024’s eight.

The volume itself is the finding. Turnover works out to one home in 44 each year. On a 174-home building, four qualified sales a year is genuinely illiquid, and 2025’s single sale is not a rounding artefact — it is the whole year. The county carries 313 qualified sales at this address across its full record, so the building has traded far more actively in the past than it does now.

A Ten-Year Hold and a Quarter of Sellers Taking a Loss

108 of the 174 homes — 62.1% — have a completed round trip on the county record. Of those, 82 sold for more than the previous owner paid and 26 sold for less; none closed at an identical price. So 75.9% gained, which also means close to a quarter of documented resales here lost money. The median gain across all 108 is 58.4%; across the 82 that gained, 67.6%. The range runs from -52.2% to +233.3%.

The median hold is 10.3 years — much shorter than the multi-decade holds that dominate older buildings, which makes this resale record more relevant to a present-day buyer than most. A 58.4% median gain over roughly ten years is a real result. The 26 losses sitting alongside it, one of them worse than -50%, are the part that a headline percentage hides, and they belong on the page.

The highest qualified price on the county record here is $609,000, closed 15 February 2023, for a 1,163 sq ft home. Worth noting what that sale is and is not: at $524 per square foot it is below every one of the four annual medians in the table above. The building’s record price was set by one of its largest homes at a below-median rate, not by a premium sale. The highest rate per foot among the top three recorded prices belongs instead to a 1,048 sq ft home that closed at $572,500, or $546 per square foot, in April 2023.

Who Gallery Art Condo Suits, and Who It Does Not

It suits a buyer who wants a small, standard, easily-priced home in Edgewater and who values knowing exactly what they are buying. More than half this building is one floorplate; the assessed range is narrow; the rate per foot has held a 5.4% band for four years. For a first purchase or a straightforward hold, that predictability is worth a great deal, and it is rare.

It suits badly anyone who may need to sell quickly. One home in 44 trades each year, and 2025 recorded exactly one sale in the entire building. That is the central risk here and no other figure on this page outweighs it. A buyer should assume a long marketing period on exit, not an average one.

It also suits badly a buyer who needs a large home or a third bedroom — neither exists in this declaration.

If you are selling: your position is stronger than the low volume suggests, because your comparable set is unusually clean. Price against the $535 to $564 four-year rate-per-foot band applied to your own square footage, and be prepared to hold that price rather than chase it — with one to two sales a year, a reduction here is not met by a wave of competing buyers. If your home is one of the larger 1,048 or 1,077 sq ft plates, note that the building’s largest recorded sale went at a below-median rate per foot, so argue your price on the plate, not on the building’s headline record.

Interested in selling in Gallery Art Condos?

Learn more about selling your condo in Gallery Art Condos with Josh Stein.

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• Blue Condominium
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• City 24
• Edgewater Lofts
• Elysee Miami
• Gran Paraiso
• Icon Bay
• Moon Bay
• New Wave
• One Paraiso
• Onyx on the Bay
• Opera Tower
• Paraiso Bay
• Paramount Bay
• Platinum Condo
• Quantum on the Bay
• The Crimson
• The Grand Condos Miami
• Uptown Lofts