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Community · South Miami, FL
Homes in University Park that are under contract or pending sale.
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Currently Pending
No homes in University Park are under contract right now. Ask us to be notified the moment one goes pending.
About University Park
In South Miami, Miami-Dade County, University Park is a community. There is 1 home for sale in University Park right now, updated from the MLS.
Amenities & Lifestyle
University Park is a residential neighborhood, and its homeowners association maintains the shared areas and community standards.
Location
University Park sits in South Miami, part of Miami-Dade County, Florida. Residents are close to the shopping, dining, schools, and parks of the South Miami area, with the wider job centers, beaches, and airports of the region within driving distance.
Buying in University Park
If a home in University Park catches your eye here, the buying process follows the same path as the rest of Miami-Dade County. Getting a mortgage pre-approval first tells you your real budget and lets you move quickly when the right home comes up. Property taxes factor into the monthly payment: the median annual property tax in Miami-Dade County is about $3,516. Florida's homestead exemption lowers the taxable value of a primary residence, and the Save Our Homes cap limits how fast that assessed value can rise from year to year. Budget for homeowners insurance as well. Rates in Florida reflect wind and flood exposure, so gather quotes early and check whether a specific address sits in a FEMA flood zone. Once you are under contract, plan for a home inspection and, if you are financing, a lender appraisal, both of which fall inside the inspection period. Working with an agent who knows South Miami means you see new listings in University Park the day they reach the market.
Selling in University Park
Thinking of selling in University Park? A successful sale here comes down to pricing, presentation, and marketing. List prices in University Park currently center around $1,350,000, which is a starting reference for where a comparable home might be positioned. Homes that are decluttered, professionally photographed, and priced to recent comparable sales tend to draw the most interest in the first two weeks, when a listing is newest and gets the most views. Florida sellers usually pay the documentary stamp tax on the deed, currently $0.70 per $100 of the sale price in most counties, along with prorated property taxes and, by local custom in many areas, the owner's title insurance policy. We provide a no-obligation home valuation for University Park owners in South Miami, so you can see what your property could sell for before you commit to listing.
Frequently Asked Questions
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