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Condominium · Miami Beach, FL
Recent closed sales in Monterrey Condo — a read on what homes here actually sell for.
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Recently Sold
No recent sales are on record for Monterrey Condo in our feed yet. Ask us for the full sales history.
About Monterrey Condo
Monterrey Condo is a community located in Miami Beach, Miami-Dade County, Florida. Construction dates to 1938. There are 4 homes for sale in Monterrey Condo right now, updated from the MLS.
Recently Sold in Monterrey Condo
Recent sales are the most reliable guide to value in Monterrey Condo. Closed prices show what buyers actually paid, which matters far more than asking prices when you are pricing a home to sell or preparing an offer. A sold history also shows how long homes in Monterrey Condo sat before closing and whether they went for over or under asking, and both shape a smart pricing or offer strategy. Closings turn over constantly, so a quiet stretch does not mean the market stopped, only that the most recent sales are already on record and the next ones have not closed yet. For a true read on value, the closest comparable homes matter more than any single headline figure. Pure Equity Realty can pull a full sold report for Monterrey Condo with the detail behind each sale, or a valuation built from the most comparable recent closings.
Homes & Architecture
Current prices run from $195,000 to $265,000.
Market & Value
Recent activity is the clearest guide to value in Monterrey Condo. The median list price in Monterrey Condo is around $207,500, or roughly $393 per square foot. That sits about 65% below the Miami-Dade County median, which shows where Monterrey Condo lands in the local market. Recent asking prices have run from $195,000 to $265,000, so the home you choose within Monterrey Condo matters as much as the community average. Homes here have recently taken about 302 days to go under contract, a useful gauge of how quickly the Monterrey Condo market is moving. For pricing an offer or a listing, comparable sales within Monterrey Condo carry more weight than any headline number, since homes of the same type and size set the real range. Pure Equity Realty can pull the active and recently sold homes in Monterrey Condo so you work from real numbers, not an estimate.
Who It Suits
Whether Monterrey Condo fits you comes down to how you plan to live here. Monterrey Condo suits a range of buyers, from first-time owners to move-up families, who want a home in Miami Beach with the everyday conveniences of the area close by. On price, Monterrey Condo sits toward the more attainable end of the market, which draws first-time buyers, downsizers, and investors. Whether Monterrey Condo is right for you depends on how you plan to use the home, full time or seasonally, and Pure Equity Realty can walk you through the tradeoffs before you commit.
Amenities & Lifestyle
Monterrey Condo is a residential neighborhood, and its homeowners association maintains the shared areas and community standards.
Location
Monterrey Condo sits in Miami Beach, part of Miami-Dade County, Florida. Residents are close to the shopping, dining, schools, and parks of the Miami Beach area, with the wider job centers, beaches, and airports of the region within driving distance.
Buying in Monterrey Condo
If a home in Monterrey Condo 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 Miami Beach means you see new listings in Monterrey Condo the day they reach the market.
Selling in Monterrey Condo
Thinking of selling in Monterrey Condo? A successful sale here comes down to pricing, presentation, and marketing. List prices in Monterrey Condo currently center around $207,500, 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 Monterrey Condo owners in Miami Beach, so you can see what your property could sell for before you commit to listing.
Frequently Asked Questions
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