Monticello Park Homes for Sale

Monticello Park is a residential community in North Miami Beach, Florida. Active listings are currently priced from $849K–$849K.

Pure Equity Realty covers Monticello Park and the North 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 Monticello Park North Miami Beach homes for sale as of October 2026. The median asking price is $849,000.

That is 66% above the North Miami Beach median of $510,000. On a per-foot basis, homes here ask about $880 per square foot, compared with $413 across North Miami Beach. So the median price buys roughly 950 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Homes listed in Monticello Park date from 1952, so they are about 74 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.

Here is what the median Monticello Park price means in Florida closing terms. At $849,000, a 20% down payment comes to about $170,000, leaving a loan near $679,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $2,377. Next, the intangible tax of 0.2% adds about $1,358. 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 $5,094 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.