Unit 1 Monticello Park Homes for Sale

Unit 1 Monticello Park is a residential community in North Miami Beach, Florida. Active listings are currently priced from $800K–$1.2M.

Pure Equity Realty covers Unit 1 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 Unit 1 Monticello Park North Miami Beach homes for sale as of October 2026. The median asking price is $1.18M.

That is 127% above the North Miami Beach median of $518,000. On a per-foot basis, homes here ask about $761 per square foot, compared with $415 across North Miami Beach. So the median price buys roughly 1,550 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 53 days on the market. That is faster than the North Miami Beach average of 170 days. As a result, buyers here should be ready to write an offer soon after a showing.

Homes listed in Unit 1 Monticello Park date from 1966, so they are about 60 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.

Rentals in Unit 1 Monticello Park have a median asking rent of $1,495 per month, across 1 active rental listing. For comparison, the North Miami Beach median is $2,300, so rents here run 35% lower.

You can browse current North Miami Beach rentals or ask us for a rent estimate on a specific Unit 1 Monticello Park home.

Here is what the median Unit 1 Monticello Park price means in Florida closing terms. At $1.18M, a 20% down payment comes to about $235,000, leaving a loan near $940,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $3,290. Next, the intangible tax of 0.2% adds about $1,880. 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 $7,050 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 Unit 1 Monticello Park listings show assignments to John F. Kennedy (Miami-Dade) (middle) and North Miami Beach (high). However, boundaries can change each year, so confirm the assignment for a specific address with Miami-Dade County Public Schools.