Southern Ests 7th Addn Se Homes for Sale

Southern Ests 7th Addn Se is an age-restricted 55+ community in Miami, Miami-Dade County, Florida, governed under the Housing for Older Persons Act (HOPA). Homes are priced from $849,000 to $900,000. At least one resident per home must be 55 or older. Pure Equity lists homes in Southern Ests 7th Addn Se 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 Southern Ests 7th Addn Se 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 Southern Ests 7th Addn Se Miami homes for sale as of September 2026. The median asking price is $900,000.

That is 41% above the Miami median of $639,000. On a per-foot basis, homes here ask about $474 per square foot, roughly in line with the city at $497. 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 159 days on the market. That tracks the Miami average of 139 days, so pricing and terms follow the wider city market.

Homes listed in Southern Ests 7th Addn Se date from 1964 to 1966. That puts them between 60 and 62 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.

Southern Ests 7th Addn Se 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.

Rentals in Southern Ests 7th Addn Se have a median asking rent of $2,750 per month, across 2 active rental listings. For comparison, the Miami median is $2,950, so rents here run 7% lower.

You can browse current Miami rentals or ask us for a rent estimate on a specific Southern Ests 7th Addn Se home.

Here is what the median Southern Ests 7th Addn Se price means in Florida closing terms. At $900,000, a 20% down payment comes to about $180,000, leaving a loan near $720,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $2,520. Next, the intangible tax of 0.2% adds about $1,440. 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 $5,400 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.