Condo / High-rise home in Miami, FL
This Condo condo in Miami, FL offers 2 bedrooms and 2.5 bathrooms across 1,421 square feet. Its Condo character defines the property's look.
| Price | $749,500 |
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| Beds | 2 |
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| Baths | 2.5 |
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| Sqft | 1421 |
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| Architectural style | Condo / High-rise (89% match) |
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| Address | 3250 NE 1st Ave #551, Miami, FL 33137 |
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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 a little under the area.
- At $750K, this home is 31% above the $570K median for 11262 similar Condo / High-rise homes in Miami, FL.
- That works out to $527 per square foot, 4% below the $547 comparable rate.
- New to market (6 days), so expect competition.
| This home | $749,500 |
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| Condo / High-rise median in Miami, FL | $570,000 (11262 homes) |
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| Price per sq ft | $527 vs. $547 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 $4,952/month with 20% down at a 7.28% 30-year fixed rate. You would need about $212,227 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $4,103/mo |
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| Property tax (new-buyer reassessed rate) | $568/mo |
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| Homeowners insurance | $281/mo |
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| Total monthly | $4,952/mo |
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| Down payment (20%) | $149,900 |
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| Income needed | $212,227/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 B+ (75 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 | B+ (75/100) |
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| Beats renting in | 37% of modeled paths |
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| Modeled 5-yr equity (median) | $449,261 |
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| Range (10th to 90th pct) | $285,470 to $639,899 |
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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 29% 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.
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View this home on Trulia