Fortune House Homes for Sale

Fortune House Condo is a community in Miami, Miami-Dade County, Florida. Active listings are priced from $329,000 to $410,000. Homes were built starting 1998. Pure Equity lists homes in Fortune House 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 Fortune House and the Miami 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 6 Fortune House Miami homes for sale as of October 2026. The median asking price is $333,000. Asking prices run from $318,000 to $440,000.

That is 48% below the Miami median of $645,000. On a per-foot basis, homes here ask about $498 per square foot, roughly in line with the city at $509. So the median price buys roughly 650 square feet of living area.

Listings here have averaged 58 days on the market. That is faster than the Miami average of 144 days. As a result, buyers here should be ready to write an offer soon after a showing.

Homes listed in Fortune House date from 1998, so they are about 28 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.

Condo buyers should also know Florida's 2022 condo safety law. It requires milestone structural inspections for buildings three stories or taller as they age. It also requires a structural integrity reserve study. Before you sign, request both reports and the current reserve balance.

Fortune House is a condo building. Also request the association budget, recent minutes and any special assessments before you sign.

Rentals in Fortune House have a median asking rent of $3,200 per month, across 9 active rental listings. For comparison, the Miami median is $3,000, so rents here run 7% higher.

For investors, those medians imply a gross yield near 11.5% a year. However, that figure comes before HOA dues, property tax, insurance and vacancy. Also check the association documents first, because many Florida HOAs cap leases or set minimum terms.

You can browse current Miami rentals or ask us for a rent estimate on a specific Fortune House home.

Here is what the median Fortune House price means in Florida closing terms. At $333,000, a 20% down payment comes to about $67,000, leaving a loan near $266,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $931. Next, the intangible tax of 0.2% adds about $532. 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 $1,995 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.

Recent Fortune House listings show assignments to Southside Preparatory Academy (elementary) and Booker T. Washington (high). However, boundaries can change each year, so confirm the assignment for a specific address with Miami-Dade County Public Schools.