CENTURY 21 Edge
$989,700$1,030,0003 bd3 ba2,345 sqft$422 /sqft$7,786 /mo all-in ↓

527 NE 61st St, Miami FL 33137, MIAMI, FL, 33137

Active289 days on marketListed Oct 29, 2025MLS #A11892987

Reduced $40KNew constructionTownhouseLC WHITES

About this home

527 NE 61st St, Miami FL 33137

Priced $150,000 under appraised value! DEVELOPER CLOSE-OUT! Discover The Bennet, a boutique collection of 15 brand new never occupied townhomes set in the heart of Miami’s iconic MiMo District. Enter your x-large 2 car garage & enter your over 2200 TSFT 3 BR, 3 full bath corner unit with soaring 12ft ceilings & filled with natural light pouring in. Italian inspired luxury quality exodes with wood-like porcelain tile floors, quartz counters, marble backsplash and accents in all baths. Soundproof impact glass, SS appliances, choose from 3 balconies where you wish to see the sunrise & sunsets! The Bennet isn’t just a residence—it’s a statement of style, luxury, & modern elegance. Surrounded by world-class dining, boutique shopping, & the city’s creative energy. VERY LOW HOA FEES, less than $700 / month!! Please ask us about the 3-2-1 approved lender buydown. Meaning you get an interest rate as low as 3% with a monthly payment probably lower that what you're paying in rent!! Unpack & enjoy... On Zillow, scroll down to "facts & features", click on "show more", then click "View virtual tour" for your Virtual Interactive Lifestyle Concierge! Ask anything. Explore everything. Buyer agrees to use the Bennet approved lender & title companies in order to provide a smooth closing experience.

Facts & features

The home at a glance

3

Bedrooms

3

Bathrooms

2,345

Sqft

2

Garage

2025

Year built

$422

Per sqft

Bay & Garden View & Water View viewPets allowed

Inside

FlooringTile · Wood
AppliancesDishwasher · Disposal · Dryer · Electric Water Heater · Microwave · Refrigerator · Wall Oven
InteriorFirst Floor Entry · Other · Walk-In Closet(s)
LaundryWasher/Dryer Hook-Up
CoolingCentral Air
HeatingCentral

Outside & construction

ConstructionConcrete Block Construction · CBS Construction · Stucco
ViewBay · Garden View · Water View
Parking2 Or More Spaces · Covered · Deeded
ExteriorOther · Courtyard

Community & fees

HOA fee$690/mo
Taxes (2024)$14,689/yr
PetsYes

Utilities & systems

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.

$7,786 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$5,340
PMI (est., until 20% equity)$371
Property tax — 2024 actual bill$1,224
HOA fee — from the listing$690
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $98,970Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $98,970
Interest rate6.00%
Loan term

Estimated payment

$7,786/mo

Principal & interest$5,340
PMI (est., until 20% equity)$371
Property taxes (actual bill)$1,224
HOA / condo fee$690
Est. insurance$160

Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Value check

Is the price right?

The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.

List $990K
$950KedgeAI estimate $1,214,969 · range $1.2M$1.4M$1.4M

vs edgeAI estimate

−18.5%

$/sqft vs Miami actives

$422 vs $511

Days on market

289 vs 66 typical

Where $422/sqft sits among the 400 Miami actives

160
103 · this home
55
29
19
34
$184–416$416–648$648–881$881–1113$1113–1346$1346+

The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.

Where it sits

Inside Upper Eastside

Map of 527 NE 61st St, Miami FL 33137 inside its neighborhood boundary

Get to know Miami. See the full Miami guide →

Upper Eastside — neighborhood snapshot

Population

14,642

Median age

43

Median income

$80,911

Median home value

$854,030

Avg household

2

Households w/ children

1,433

For the school run

Dade County School District

ElementaryMorningside K-8 Academy★★★★★
District Instructional Center (Dic)
MiddleHorace Mann Middle School★★★★
HighBooker T. Washington Senior High★★★★★
Instructional Center System Wide
Title I Migrant Education Program

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Miami market

Seller’s marketLeans buyer18.3 months of inventoryBuyer’s market

$508K$590K

Miami median sold, yr/yr

97.6%

Sale-to-list ratio (12 mo)

36 of 400

Miami actives have cut their price

Median sold price, Miami, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 111% above the MIAMI 33137 median. See the full Miami market guide →

Paper trail

This home's history

CurrentPrice reduced to $989,700 $40K
Oct 29, 2025Listed at $1,030,000 · 289 days on market since
2025Built · LC WHITES

Reality check

What actually sold near 527 NE 61st St

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

455 NE 39th St # 102, Miami FL 33137Sold · Mar ’26

$1,625,000

455 NE 39th St # 102, Miami FL 33137

3 bd · 2.5 ba · 2,236 sqft · $727/sqft · 252 DOM

455 NE 39th St # 302, Miami FL 33137Sold · Dec ’25

$1,870,000

455 NE 39th St # 302, Miami FL 33137

3 bd · 2.5 ba · 2,236 sqft · $836/sqft · 108 DOM

177 NE 44th St, Miami FL 33137Sold · Sep ’25

$1,512,500

177 NE 44th St, Miami FL 33137

4 bd · 2 ba · 2,080 sqft · $727/sqft · 112 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

Julian Rivera

Your agent

Julian Rivera

REALTOR® · CENTURY 21 Edge

Tours, negotiation, and every question about 527 NE 61st St — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 527 NE 61st St — before you fall in love.

See it in person

Schedule a tour

Live availability from Julian's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.

Straight answers

527 NE 61st St FAQs

What would the monthly payment be for 527 NE 61st St, Miami FL 33137?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $7,786/mo — principal and interest, the actual property-tax bill, the $690/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

How much are the HOA fees at 527 NE 61st St, Miami FL 33137?+

The association fee works out to $690 per month. Ask us for the full association documents — they spell out exactly what the fee covers.

What are the property taxes on 527 NE 61st St, Miami FL 33137?+

The most recent tax bill on record (2024) was $14,689. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

Are pets allowed at 527 NE 61st St, Miami FL 33137?+

The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.

How does the price compare to other homes in Miami?+

At $989,700, this home is listed about 62% above the Miami median of $610,000. The market section on this page shows how the area is trending.

Which schools are assigned to 527 NE 61st St, Miami FL 33137?+

Morningside K-8 Academy (elementary), District Instructional Center (Dic) (), Horace Mann Middle School (middle), Booker T. Washington Senior High (high), Instructional Center System Wide (), Title I Migrant Education Program () — Dade County School District. Always verify school assignments with the district before relying on them.

The brief

Five things that matter here

01Positioned at the premium end

$989,700 runs 111% above the MIAMI 33137 median — but at 2,345 sqft it's also nearly twice the size of the typical Miami listing.

02Bay & Garden View & Water View views

The bay and garden view and water view view is part of what you're buying — views hold value independently of the structure.

03Know the monthly fee

The association fee is $690/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.

04Time on market is leverage

289 days on market against a Miami median of 66 — sellers in this position are usually ready to negotiate.

05Strong assigned schools

Morningside K-8 Academy, District Instructional Center (Dic), Horace Mann Middle School, Booker T. Washington Senior High, Instructional Center System Wide, Title I Migrant Education Program — Morningside K-8 Academy rates 5 of 5. Always verify assignments with the district.

Listing courtesy of Keller Williams Capital Realty · Ricky Kallabat PA. MLS #A11892987.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.

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