Sierra Ridge Condo M Homes for Sale

Sierra Ridge Condo M is a residential community in Miami, Florida.

Pure Equity Realty covers Sierra Ridge Condo M 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 Sierra Ridge Condo M Miami homes for sale as of October 2026. The median asking price is $307,000.

That is 52% below the Miami median of $645,000. On a per-foot basis, homes here ask about $256 per square foot, compared with $509 across Miami. So the median price buys roughly 1,200 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 174 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 Sierra Ridge Condo M date from 1999, so they are about 27 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.

Sierra Ridge Condo M is a condo building. Also request the association budget, recent minutes and any special assessments before you sign.

Here is what the median Sierra Ridge Condo M price means in Florida closing terms. At $307,000, a 20% down payment comes to about $61,000, leaving a loan near $246,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $860. Next, the intangible tax of 0.2% adds about $491. 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 $1,842 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 Sierra Ridge Condo M listings show assignments to Madie Ives K-8 Preparatory Academy (elementary) and Dr. Michael M. Krop (high). However, boundaries can change each year, so confirm the assignment for a specific address with Miami-Dade County Public Schools.