Crespi Residence Homes for Sale

Crespi Residence is a luxury community in Miami Beach, Miami-Dade County, Florida. Properties are priced from $1,100,000 to $1,200,000. Pure Equity lists homes in Crespi Residence and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Pure Equity Realty covers Crespi Residence and the Miami Beach area. We list for 1%, which includes photography, MLS syndication, and negotiation support. Buyers pay nothing for representation. For current market data, see Florida Realtors' market statistics.

Our MLS feed shows a single listing for Crespi Residence Miami Beach homes for sale as of September 2026. The median asking price is $1.15M.

That is 77% above the Miami Beach median of $650,000. On a per-foot basis, homes here ask about $608 per square foot, compared with $689 across Miami Beach. So the median price buys roughly 1,900 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 160 days on the market. That tracks the Miami Beach average of 167 days, so pricing and terms follow the wider city market.

Homes listed in Crespi Residence date from 1969, so they are about 57 years old.

All of these homes predate Florida's 2002 statewide building code. So roof age, window protection and the wind mitigation report matter a great deal for insurance.

In addition, most Florida insurers ask for a four-point inspection on homes 30 years or older. It covers the roof, electrical, plumbing and HVAC. Updated systems usually make coverage easier to place.

At a median near $1.15M, Crespi Residence sits in the luxury tier of Miami Beach. Jumbo financing and proof of funds usually come up early in these negotiations.

Here is what the median Crespi Residence price means in Florida closing terms. At $1.15M, a 20% down payment comes to about $230,000, leaving a loan near $920,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $3,220. Next, the intangible tax of 0.2% adds about $1,840. Buyers normally pay both at closing.

On the seller side, Miami-Dade charges deed stamps of 60 cents per $100 on a single-family home, about $6,900 at this price. Condos and other property types pay a higher rate.

Finally, owner-occupants should file for the Florida homestead exemption by March 1. It removes up to $50,000 of assessed value. After that, Save Our Homes caps yearly assessment increases at 3% or inflation, whichever is lower. To see what these numbers mean for your budget, get pre-approved before you tour.