Condo / High-rise home in Miami Beach, FL
This 966-square-foot Condo condo in Miami Beach, FL includes 1 bedroom and 2 bathrooms. Its Condo character defines the property's look.
| Price | $899,000 |
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| Beds | 1 |
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| Baths | 2 |
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| Sqft | 966 |
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| Architectural style | Condo / High-rise (99% match) |
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| Address | 2001 Meridian Unit 517, Miami Beach, FL 33139 |
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Why buy this home
- Confirmed Condo / High-rise architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Estately.
Is this a good buy?
Priced above comparable homes.
- At $899K, this home is 56% above the $575K median for 8320 similar Condo / High-rise homes in Miami, FL.
- That works out to $931 per square foot, 71% above the $546 comparable rate.
- On the market 29 days.
| This home | $899,000 |
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| Condo / High-rise median in Miami, FL | $575,000 (8320 homes) |
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| Price per sq ft | $931 vs. $546 comps median |
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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 $5,940/month with 20% down at a 7.28% 30-year fixed rate. You would need about $254,559 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $4,921/mo |
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| Property tax (new-buyer reassessed rate) | $682/mo |
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| Homeowners insurance | $337/mo |
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| Total monthly | $5,940/mo |
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| Down payment (20%) | $179,800 |
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| Income needed | $254,559/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home C- (53 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- (53/100) |
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| Beats renting in | 7% of modeled paths |
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| Modeled 5-yr equity (median) | $361,164 |
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| Range (10th to 90th pct) | $202,308 to $550,104 |
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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