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+3 photosLuxury home — 480 NE 31 Street CU7 · Miami
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Open property magazine$4,750
480 NE 31 Street CU7, Miami, FL 33137
Miami, FL, 33137
— bd · — ba · 608 sqft
Listed by Morgan Whitney Inc
480 NE 31 Street CU7, Miami, FL 33137
Listed by Morgan Whitney Inc
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Estimated monthly payment
$35/mo
Know your costs before you buy
Work through three numbers: your estimated monthly payment, the cash needed at closing, and insurance & flood.
Estimated monthly payment $35/mo · principal, interest, taxes, insurance and HOA. Verify before you buy.
Cash to close includes the down payment, lender and title costs, taxes, insurance prepayments and escrow deposits. Editable estimate only.
Insurance and flood: AE · verify insurance quotes before buying.
About this home
Find similar homesRetail space in great location for Lease. Great potential, Ideal for a cafe, office or shop. Monthly Rent $4,750.00NNN CAM: Association Fee and Property Taxes $9.55 Sq Ft $484.27 Monthly
Property Details
Your costs (est.)
≈ $35/mo
480 NE 31 Street CU7, Miami, FL 33137 · Miami
Location
480 NE 31 Street CU7, Miami, FL 33137
What buyers ask about this home
What are the estimated monthly carrying costs at 480 NE 31 Street CU7, Miami, FL 33137?+
Property tax (after sale): $8/month est.; homeowners insurance: $2/month est.; HOA: $0/month. Fixed ownership costs before a mortgage: $10/month est. Principal and interest: $25/month; PMI: $0/month. Total for the payment scenario shown: $35/month est. Flood insurance is not included. Estimate only, not guaranteed. Verify before you buy or sell.
Will property taxes go up after I buy 480 NE 31 Street CU7, Miami, FL 33137?+
Usually yes. In Florida the assessed value resets to market value in the year after a sale, so the seller's current tax bill is rarely what a new owner pays. Budget roughly 1.8–2.0% of the purchase price annually until you file for homestead exemption and the Save Our Homes cap (or the 10% non-homestead cap) starts limiting increases.
Does 480 NE 31 Street CU7, Miami, FL 33137 need flood insurance, and what drives the premium?+
Most of Miami sits in a FEMA flood zone, and lenders require flood coverage in high-risk zones. Premiums are driven by elevation certificate, flood zone, roof age and shape, and whether the home has impact windows or accordion shutters. Ask for the current declarations page, the four-point inspection and wind mitigation report early — they set your real cost of ownership.
What should an inspection focus on for a home like 480 NE 31 Street CU7, Miami, FL 33137?+
In coastal South Florida, prioritize roof age and permit history, whether windows and doors are impact-rated, the seawall and dock condition on waterfront lots, drainage and elevation, plumbing type, and any open or expired permits with the city. These items, not cosmetics, drive both price and insurability.
Is there room to negotiate on 480 NE 31 Street CU7, Miami, FL 33137?+
This listing has been on the market 23 days. Leverage comes from days on market, price history, comparable closed sales and the seller's motivation — not from a fixed percentage. I pull the full history and the true comps before we write, so the offer is built on what the property is actually worth today. Call or text (954) 562-1798 for that analysis.
Neighborhood & Commute
Miami. Distinct neighborhoods, local dining and shopping, with downtown, Brickell and MiamiCentral as everyday destinations.
Approximate Drive Times
Drive times are estimates based on straight-line distance at typical South Florida traffic speeds. Actual times vary with traffic and routing.
Assigned schools for this address
Eneida M. Hartner Elementary School
Elementary · 1.0 mi from this home · 401 Nw 29Th St, Miami
Zone boundaries published by Miami-Dade County Public Schools.
Other options for this address
Sports Leadership And Management Charter School Middle Scho
Middle school · Charter · Grades 6–8 · Miami
Sports Leadership Arts Management Charter High School
High school · Charter · Grades 9–12 · Miami
Ebenezer Christian Academy II
Pre-K & Kindergarten · Private · Christian · Grades K–12 · Miami
Mcdonalds Playworld Community Development Inc Dba
Pre-K & Kindergarten · Private · Grades K–12 · Miami
School assignment is set by the district and can change. Always confirm the zoned school with the district before you buy.
The home, in a magazine
A closer look at this home and its lifestyle — dedicated to you and your family.
Open the magazine
Simon Gedz
Realtor® since 1995
Interested in this property?
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