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+22 photosLuxury condo — 7350 SW 89th Street 1511S · Toscano Condo · Miami
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Open property magazine$425,000
7350 SW 89th Street 1511S, Miami, FL 33156
Miami, FL, 33156
2 bd · 2 ba · 1,155 sqft
Listed by Douglas Elliman
7350 SW 89th Street 1511S, Miami, FL 33156
Listed by Douglas Elliman
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Estimated monthly payment
$4,105/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 $4,105/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: Zone not provided · verify insurance quotes before buying.
About this home
Find similar homesLocated in the heart of Dadeland, this beautiful 2-bedroom, 2-bath unit is positioned in the sought after corner line of the Toscano Condominiums. This spacious 1,155 SF residence is offered furnished and features an open-concept living, dining, kitchen layout with wood flooring throughout and abundant natural light. The modern kitchen is equipped with stainless steel appliances, granite countertops, and sleek wood cabinetry, opening seamlessly to a convenient breakfast bar—perfect for casual dining and entertaining. The living and dining areas offer a comfortable flow, ideal for both everyday living and hosting guests.The primary suite is generously sized with a shower/tub combo and walk-in closet, while the second bedroom provides flexibility as a guest room, home office, or home gym. Enjoy a well-designed floor plan with ample storage and convenient hallway laundry room. Enjoy city and sunset views from the private corner balcony off the living room. Includes 1 assigned covered parking space. Building amenities include pool & spa, fitness center, residents club room w. catering kitchen, meditation garden, dog park, valet parking, 24hr security concierge services and more. Prime location just steps from local eateries, Dadeland Mall, and MetroRail station for easy access to UM / downtown Miami. This is a great opportunity to build equity in a highly sought-after building!
Why we flagged this one
A transparent review of current MLS facts—not a paid placement.
Price reduced 12%
The seller has come down from $485,000 to $425,000 — a $60,000 reduction since it came on the market.
214 days on market
Longer time on market usually means the seller is more open to negotiating on price and terms.
Price reductions and days on market come from this listing's MLS record. This is an initial market signal, not a formal appraisal or full comparable market analysis.
Building health
- Building
- TOSCANO CONDO· MLS
- Year built
- 2007· MLS
- Stories
- 25· MLS
- Units
- Not provided —
- Milestone inspection
- Not provided —
- Milestone date
- Not provided —
- SIRS
- Not provided —
- SIRS date
- Not provided —
- Special assessments
- Not provided —
- Assessment amount
- Not provided —
- Assessment purpose
- Not provided —
- Assessment due date
- Not provided —
- Reserves
- Not provided —
- Minimum lease term
- Not provided —
- Rentals per year
- Not provided —
- Pet rules
- Yes, Pet Restrictions Possible· MLS
- Age restriction (55+)
- Not provided —
- HOA fee
- $1,280 / month · billed Monthly· MLS
Last updated Not provided, source: MLS remarks —
Always review the association's milestone inspection report, SIRS, budget and the last 24 months of board minutes before you buy.
Property Details
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Your costs (est.)
≈ $4,105/mo
7350 SW 89th Street 1511S, Miami, FL 33156 · Miami
Location
7350 SW 89th Street 1511S, Miami, FL 33156
What buyers ask about this home
What are the estimated monthly carrying costs at 7350 SW 89th Street 1511S, Miami, FL 33156?+
Property tax (after sale): $413/month est.; homeowners insurance: $207/month est.; HOA: $1,280/month. Fixed ownership costs before a mortgage: $1,900/month est. Principal and interest: $2,205/month; PMI: $0/month. Total for the payment scenario shown: $4,105/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 7350 SW 89th Street 1511S, Miami, FL 33156?+
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 7350 SW 89th Street 1511S, Miami, FL 33156 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 I check about the association before buying 7350 SW 89th Street 1511S, Miami, FL 33156?+
For a Florida condo, review the milestone structural inspection and the Structural Integrity Reserve Study, current reserve balances, any pending or recently voted special assessment, the association's insurance and its litigation history. Ask how many units are owner-occupied and whether the lender will approve the building — a poorly funded association is the single biggest hidden cost in a condo purchase.
Can 7350 SW 89th Street 1511S, Miami, FL 33156 be rented out?+
Rental rules are set by the association's documents, not the MLS. Many Miami luxury buildings limit leases to once or twice a year with a minimum term and require board approval and an application fee. Request the declaration and rules before your inspection period ends if rental income matters to your plan.
Is there room to negotiate on 7350 SW 89th Street 1511S, Miami, FL 33156?+
This listing has been on the market 214 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
Zone boundaries published by Miami-Dade County Public Schools.
Other options for this address
ST. Thomas The Apostle Catholic School
Elementary · Private · Catholic · Grades PK–8 · South Miami
Somerset Academy Charter Middle School (South Miami Campus)
Middle school · Charter · Grades 6–8 · South 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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