Condo / High-rise home in Miami, FL
This 359-square-foot Condo condo in Miami, FL includes 1 bathroom. The Condo styling carries through the home's design.
| Price | $415,000 |
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| Baths | 1 |
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| Sqft | 359 |
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| Architectural style | Condo / High-rise (99% match) |
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| Address | 121 NE 5th St #3304, Miami, FL 33132 |
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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 Trulia.
Is this a good buy?
Priced below comparable homes.
- At $415K, this home is 27% below the $570K median for 9044 similar Condo / High-rise homes in Miami, FL.
- That works out to $1156 per square foot, 112% above the $546 comparable rate.
- New to market (2 days), so expect competition.
| This home | $415,000 |
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| Condo / High-rise median in Miami, FL | $570,000 (9044 homes) |
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| Price per sq ft | $1,156 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 $2,742/month with 20% down at a 7.28% 30-year fixed rate. You would need about $117,511 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $2,272/mo |
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| Property tax (new-buyer reassessed rate) | $315/mo |
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| Homeowners insurance | $156/mo |
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| Total monthly | $2,742/mo |
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| Down payment (20%) | $83,000 |
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| Income needed | $117,511/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- (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) |
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| Beats renting in | 7% of modeled paths |
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| Modeled 5-yr equity (median) | $164,609 |
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| Range (10th to 90th pct) | $87,706 to $253,065 |
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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 Trulia