Moon Bay - Miami Luxury Condos for Sale and Rent

Verified 25 August 2026Miami-Dade County Property Appraiser1 source

Building facts

Address: 520 NE 29th Street
Neighborhood: Miami
Year built: 2007
Residences: 61
Status: Delivered — completed 2007

By Josh Stein — Miami real estate sales associate, Florida license SL3057661. Selling Miami luxury property since 2002, with more than $1 billion closed.

Josh’s take

The most important thing in this file is what is missing from the end of it.

Of the 44 resale pairs that began with a purchase in the 2000s, 25 sold below the prior price — 56.8 per cent — and 5 chains were discarded because a foreclosure fell between the two sales. Of the 21 pairs beginning in the 2010s, 2 lost money. 9.5 per cent. The usual crash-and-recovery shape.

But the record stops in 2023. There is no median price for sales from 2024 onward because there are not enough of them, where almost every other building I pull has a recent figure. A building that has effectively stopped trading is telling you something, and the roll cannot tell you what.

The last price I can stand behind is 299 dollars a square foot across 37 qualified sales in the 2010s. I am not going to extend that to today.

What it is today on the record: 61 homes in a 69-folio declaration, 137 qualified sales between 2007 and 2023, turnover of 2.2 per home, with 49 per cent of the homes in three sizes. Before buying here I would want to know why recent sales are so scarce — that is a question for the association and the listing history, not for the tax roll.

Josh Stein · Florida real estate sales associate, license SL3057661 · selling South Florida since 2002

Key Takeaways

Sixty-one homes, and the shares close at exactly 100% — a search on the street address returns just one folio. The declaration holds 61, all recorded as built in 2007, and every one is a home.
The most common plan lost 70% of its value — the 706 sq ft apartment sold at a median of $426 per square foot in 2007. In 2011 one traded at $129. That is among the steepest falls documented in this guide.
It took fifteen years to beat the 2007 price — the plan did not exceed its 2007 median until 2022, at $588 per square foot — and it had spent 2013 to 2021 between $217 and $390.
Nothing has sold here since June 2023 — no qualified sales in 2024, 2025 or 2026. Sixty-one homes and three silent years, after five sales in 2023 alone.
It is a one-bedroom building — 46 of the 61 homes are one-bedrooms and fifteen are two-bedrooms, running 677 to 1,159 square feet with a median of 762.
The county assesses the median home at $323,632 — across a range of $233,498 to $562,464 for 2026.

520 NE 29th Street, Miami, Florida 33137 | Neighborhood: Edgewater

Home > Miami Luxury Condos > Moon Bay

Moon Bay is sixty-one homes in Edgewater, and its most common apartment lost roughly seventy per cent of its value between 2007 and 2011. It took fifteen years to make that back. Then, in the middle of 2023, the building simply stopped trading.

What the county records at Moon Bay

The Miami-Dade County Property Appraiser records 61 homes in the declaration MOON BAY OF MIAMI CONDO, every one of them built in 2007. The common-element shares close at exactly 100.0000%, so the record is complete and nothing is missing.

One caution about the county’s own search: querying the building’s street address returns a single folio, not 61. The other sixty are in the same declaration and are reachable only by folio number. A search that stops at the address will conclude this is a one-unit building, which it is not.

The homes run 677 to 1,159 square feet, median 762, and the plan mix is concentrated: 706 sq ft (fourteen homes), then 677, 877 and 1,065 with eight each. Forty-six are one-bedrooms and fifteen are two-bedrooms.

For 2026 the county assesses them from $233,498 to $562,464, a median of $323,632.

A 70% fall, and fifteen years to recover

Fourteen homes share the 706 square foot plan and it has sold twenty-four times. Every figure below is that plan alone.

Year	Sales	Median price	Median $/sq ft
2007	7	$300,500	$426
2008	4	$233,900	$331
2011	1	$91,000	$129
2013	2	$153,500	$217
2015	2	$245,000	$347
2018	1	$250,000	$354
2021	1	$275,000	$390
2022	5	$415,000	$588
2023	1	$400,000	$567

Seven sales in 2007 at a median of $300,500. One sale in 2011 at $91,000. That is a fall of about 70%, and while the 2011 figure rests on a single transaction, the surrounding years support the direction: $331 per foot in 2008 across four sales, $217 in 2013 across two.

The recovery took fifteen years. The plan was still at $347 per foot in 2015, $354 in 2018 and $390 in 2021 — all below 2007. It cleared the 2007 level in 2022, at $588 across five sales, which is the best-evidenced good year the building has had.

The 677 sq ft plan tells a milder version: $364 per foot in 2007, $214 in 2012, and $353 across four sales in 2021 — still fractionally below where it started fourteen years earlier.

The price record, and three silent years

Year	Qualified sales	Median price	Median $/sq ft
2023	5	$415,000	$545
2024	0	—	—
2025	0	—	—
2026 to date	0	—	—

Five sales in 2023, then nothing at all. The last qualified transaction at Moon Bay was 16 June 2023. For a sixty-one home building, three consecutive years without a single arm’s length sale is genuinely unusual — the buildings of comparable size in this guide have all traded at least once in that window.

The 2023 sales themselves were healthy: $505,000, $425,000, $415,000, $400,000 and $385,000, at a median of $545 per square foot. The building did not stop trading because prices fell. It stopped trading. Why is not something the county record can answer, and it is worth establishing before buying or selling here.

The full record runs to 126 qualified sales since October 2007. The highest price is $635,000, for a 1,159 sq ft home in June 2022.

Who this building suits, and who it does not

It suits a one-bedroom buyer in Edgewater at an accessible level. Forty-six of 61 homes are one-bedrooms and the median assessment is $323,632.

It suits a buyer who will do the work to find out why nothing is trading. Three silent years in a 61-home building is the first question to ask here, and the answer — whether it is assessments, insurance, financing or something else — matters more than any price in this page.

It suits badly anyone who needs recent comparables. There are none. The most recent evidence is June 2023, and it is now three years old.

And it suits badly a buyer who assumes a 2007-built Miami condominium has been a good store of value. This one fell 70% and needed fifteen years to recover, which is the plainest version of that lesson in this guide.

If you are selling here: your evidence stops in June 2023, and you should expect a buyer to discount for that. The five 2023 sales are your comparable set and they were strong — $545 per square foot at the median. Be ready to explain the three-year gap, because a well-advised buyer will ask, and “no recent sales” reads as a warning unless you can show it is not one.

Moon Bay — Frequently Asked Questions

How many units are in Moon Bay?

61 homes. A search on the building’s street address returns only one folio, but the MOON BAY OF MIAMI CONDO declaration holds 61 and the common-element shares close at exactly 100.0000%. All were built in 2007.

How big are the homes at Moon Bay?

677 to 1,159 square feet, median 762. Fourteen homes share a 706 sq ft plan, with eight each at 677, 877 and 1,065. Forty-six of the 61 are one-bedrooms and fifteen are two-bedrooms.

When did a home at Moon Bay last sell?

16 June 2023. There have been no qualified sales in 2024, 2025 or 2026 — three consecutive years without a transaction in a 61-home building, which is unusual and worth investigating before you buy or sell here.

What have prices done at Moon Bay?

Measured on the 706 sq ft plan: a 2007 median of $426 per square foot, a fall to $129 in 2011, and no return to the 2007 level until 2022, at $588. The building’s highest recorded price is $635,000, in June 2022.

Is Moon Bay a good building to buy in?

The county record shows a well-defined one-bedroom building at an accessible price, with 126 recorded sales since 2007 — but also a 70% drawdown, a fifteen-year recovery, and no sales at all since mid-2023. The absence of recent trading is the first thing to establish, and it is not a question the tax roll can answer.

Sources and further reading

Miami-Dade County Property Appraiser — Property Search (61 folio records in the MOON BAY OF MIAMI CONDO declaration, retrieved 25 August 2026)miamidade.gov

Interested in selling in Moon Bay?

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Edgewater Condo & Loft Buildings

Edgewater runs along Biscayne Bay between the Venetian Causeway and the Julia Tuttle. Every building below is covered in this series, with its own county sales record:

Thinking about Moon Bay?

I have sold South Florida property since 2002, more than $1 billion of it. Ask me for the recorded declaration, what has genuinely closed, or a straight answer on whether this building fits what you are after.

Call (305) 695-8257 Send me a question

Josh Stein · Florida real estate sales associate, license SL3057661 · (305) 695-8257 · hello@joshsteinrealtor.com

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