Nirvana Condo No Five Con Homes for Sale

Nirvana Condo No Five Con is a waterfront community in Miami, Miami-Dade County, Florida. Active listings are priced from $330,000 to $350,000. Homes were built starting 1983. Pure Equity lists homes in Nirvana Condo No Five Con 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 Nirvana Condo No Five Con 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 a single listing for Nirvana Condo No Five Con Miami homes for sale as of October 2026. The median asking price is $295,000.

That is 54% below the Miami median of $640,000. On a per-foot basis, homes here ask about $381 per square foot, compared with $507 across Miami. So the median price buys roughly 750 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 649 days on the market. That is slower than the Miami average of 144 days. Because of that, buyers often have more room to negotiate on price, repairs or closing costs.

Homes listed in Nirvana Condo No Five Con date from 1983, so they are about 43 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.

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.

Nirvana Condo No Five Con includes waterfront homes. Waterfront lots in South Florida often sit in FEMA special flood hazard areas, where lenders require flood insurance. Before you commit, look up the address on the FEMA Flood Map Service Center and ask the seller for an elevation certificate.

Nirvana Condo No Five Con is a condo building. Also request the association budget, recent minutes and any special assessments before you sign.

Here is what the median Nirvana Condo No Five Con price means in Florida closing terms. At $295,000, a 20% down payment comes to about $59,000, leaving a loan near $236,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $826. Next, the intangible tax of 0.2% adds about $472. 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 $1,770 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 Nirvana Condo No Five Con listings show assignments to Morningside K-8 Academy (Miami-Dade) (elementary), Horace Mann (middle) and Miami Edison (high). However, boundaries can change each year, so confirm the assignment for a specific address with Miami-Dade County Public Schools.