Greenwich Ph I Condo Homes for Sale

Greenwich Ph I Condo is a residential community in North Miami, Florida.

Pure Equity Realty covers Greenwich Ph I Condo and the North 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 6 Greenwich Ph I Condo North Miami homes for sale as of September 2026. The median asking price is $233,000. Asking prices run from $189,000 to $250,000.

That is 37% below the North Miami median of $369,000. On a per-foot basis, homes here ask about $204 per square foot, compared with $282 across North Miami. So the median price buys roughly 1,150 square feet of living area.

Listings here have averaged 231 days on the market. That is slower than the North Miami average of 141 days. Because of that, buyers often have more room to negotiate on price, repairs or closing costs.

Homes listed in Greenwich Ph I Condo date from 1981, so they are about 45 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.

Greenwich Ph I Condo is a condo building. Also request the association budget, recent minutes and any special assessments before you sign.

Rentals in Greenwich Ph I Condo have a median asking rent of $1,750 per month, across 8 active rental listings. For comparison, the North Miami median is $2,150, so rents here run 19% lower.

For investors, those medians imply a gross yield near 9.0% a year. However, that figure comes before HOA dues, property tax, insurance and vacancy. Also check the association documents first, because many Florida HOAs cap leases or set minimum terms.

You can browse current North Miami rentals or ask us for a rent estimate on a specific Greenwich Ph I Condo home.

Here is what the median Greenwich Ph I Condo price means in Florida closing terms. At $233,000, a 20% down payment comes to about $47,000, leaving a loan near $187,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $653. Next, the intangible tax of 0.2% adds about $373. 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 $1,400 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.

Recent Greenwich Ph I Condo listings show assignments to David Lawrence Jr. K-8 (elementary), North Miami (middle) and Alonzo and Tracy Mourning (high). However, boundaries can change each year, so confirm the assignment for a specific address with Miami-Dade County Public Schools.