1420 S Miami Avenue # 7003, Miami FL 33130 | Miami-Dade County | A11927968

The list price for unit 7003 is $4,550,900. While fixtures and built-in appliances remain with the home, the MLS record does not explicitly state if the property is being sold furnished; this requires specific verification.

What conveys with the home is separate from shared HOA amenities, which for this building include a bar, business center, exercise room, heated pool, and sauna. For a precise inventory of included items, contact Christopher Lazaro, Miami Real Estate Expert.

The residence at 1420 S Miami Avenue is situated in the 33130 zip code of Miami, Florida. This places it within the city's coastal corridor, offering proximity to Biscayne Bay.

For a detailed evaluation of the area's specific attributes and market dynamics, you should contact Christopher Lazaro, Miami Real Estate Expert. He can provide verified location insights pertinent to your search.

The monthly HOA fee for this residence is $2,908. This fee covers Cable TV, Elevator maintenance, Pool Service, Recreation Facilities, Trash Removal, and Water.

Please note that community operations are also subject to city ordinances, which can be reviewed in the Miami Municipal Code. For a complete review of the association's financials and covenants, contact Christopher Lazaro, Miami Real Estate Expert, for verification.

Property taxes are reassessed in Florida upon sale. As an estimate only at this price and a Miami-Dade rate near 2.0%: without homestead, about $91,020 per year (approximately $7,585 monthly). The homestead exemption, which lowers taxable value for a primary residence, would yield an estimated $90,020 per year (approximately $7,502 monthly).

These are estimates, not quotes; confirm final figures with the Miami-Dade Property Appraiser and your tax professional. For precise verification on this residence, reach out to Christopher Lazaro, Miami Real Estate Expert.

This property is located in a high-risk flood zone, designated as an AE zone by FEMA. This classification means there is at least a 1% annual chance of flooding, and lenders will require you to carry a separate flood insurance policy. You can review the official FEMA definitions and View the FEMA flood map for this address for precise details.

For a complete assessment of the associated costs and requirements, you should consult with Christopher Lazaro, Miami Real Estate Expert, to verify the specific implications for this listing.

The MLS record lists the pet policy for this unit as 'Restrictions Or Possible Restrictions.' This means pets are allowed, with restrictions or possible restrictions. I will pull the association's exact current pet rules for this unit upon your request.

If you have a documented service or support animal, separate federal accommodation rules apply. For definitive verification of all building policies, please reach out to Christopher Lazaro, Miami Real Estate Expert.

The price is set by analyzing recent sales of comparable units in the building and vicinity, a process formalized in a Comparative Market Analysis. For broader context, Miami-Dade condos have recently been closing at 94% of list, averaging about 64 days on market. This indicates a measured pace where negotiation is a standard expectation, not an exception.

To position your offer effectively, I recommend a Miami-specific CMA to establish a precise negotiation range. For a detailed review of the comps for this property, reach out to Christopher Lazaro, Miami Real Estate Expert, to verify the data.

I recommend securing a mortgage pre-approval before touring any property. This requires connecting with a Florida-licensed mortgage originator, which you can do here.

A pre-approval clarifies your budget and strengthens your position. For specific questions on this $4,550,900 residence at 1420 S Miami Avenue, contact Christopher Lazaro, Miami Real Estate Expert, to verify the next steps.