Condo / High-rise home in Miami, FL
This 1,072-square-foot Condo condo in Miami, FL includes 2 bedrooms and 2 bathrooms. Standout details include a swimming pool.
| Price | $749,000 |
|---|
| Beds | 2 |
|---|
| Baths | 2 |
|---|
| Sqft | 1072 |
|---|
| Architectural style | Condo / High-rise (98% match) |
|---|
| Address | 159 NE 6th St Unit 2402, Miami, FL 33132 |
|---|
Why buy this home
- Confirmed Condo / High-rise architecture, matched from the listing photos by Enzo's vision model.
- Features: swimming pool.
- Links directly to the original source listing on Estately.
Is this a good buy?
Priced above comparable homes.
- At $749K, this home is 30% above the $575K median for 8320 similar Condo / High-rise homes in Miami, FL.
- That works out to $699 per square foot, 28% above the $546 comparable rate.
- On the market 24 days.
| This home | $749,000 |
|---|
| Condo / High-rise median in Miami, FL | $575,000 (8320 homes) |
|---|
| Price per sq ft | $699 vs. $546 comps median |
|---|
Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $4,949/month with 20% down at a 7.28% 30-year fixed rate. You would need about $212,086 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $4,100/mo |
|---|
| Property tax (new-buyer reassessed rate) | $568/mo |
|---|
| Homeowners insurance | $281/mo |
|---|
| Total monthly | $4,949/mo |
|---|
| Down payment (20%) | $149,800 |
|---|
| Income needed | $212,086/yr |
|---|
A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home C- (52 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | C- (52/100) |
|---|
| Beats renting in | 7% of modeled paths |
|---|
| Modeled 5-yr equity (median) | $297,369 |
|---|
| Range (10th to 90th pct) | $157,973 to $460,562 |
|---|
A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Miami, FL where local data is thin.
Local home values
Typical home values in Miami, FL have risen about 30% over the past 5 years (0% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Estately