39269 Marbella Terraza Unit 8N
Higher is a better buy. 50 is "priced about right for what it is". The last step curves the raw advantage onto 0–100, so points stop being one-for-one at the extremes.
💵What this unit actually costs per month
23% of that payment is not the mortgage. The HOA fee alone is $32,700 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $6,507.
Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($48,750). Common for small associations and not a defect on its own, but it does remove FHA buyers from your resale pool.
Minimum realistic down payment here: 5% · verify on HUD's lookup
Rate is the Freddie Mac PMMS 30-year average for the week of 2026-10-08 — a national survey figure, not a quote. Tax, insurance and closing costs are estimates; your own Loan Estimate is the real number.
This building's HOA fees
We haven't reconstructed a multi-year fee history for this building yet. We have one recorded fee on file ($545 in 2026), not enough for a trend yet. The listing shows $545/mo today. Upload its HOA docs and we'll build the full reserve & special-assessment report — free.
🏢 Get this building's free HOA report →✅ Positives
- In-unit W/D
- Garage parking
- Low HOA (0.7%/yr)
⚠️ Cons
- 16% above model fair value
- Ground floor
🚩 Red flags
Photos
Price history (this unit)
- Jul 13, 2026 — Listed $1,025,000
- Jul 13, 2026 — Listed $1,025,000
- Jan 24, 2003 — Sold (Public Records) $385,000
- Dec 8, 1999 — Sold (Public Records) $265,000
- Dec 8, 1999 — Sold (Public Records) $270,000
- May 5, 1999 — Sold (Public Records) $100,000
Description
SPECTACULAR TOWNHOME STYLE CONDOMINIUM LOCATED IN THE HIGHLY SOUGHT AFTER GATED ANDALUSIA COMMUNITY! THIS BEAUTIFUL MEDITERRANEAN STYLE HOME FEATURES CUSTOM INTERIOR PAINT, GLEAMING LVP FLOORING * LIVING ROOM WITH VAULTED CEILINGS, FIREPLACE, SLIDING GLASS DOOR TO PATIO, FORMAL DINING ROOM, 1 BEDROOM/1 FULL BATH ON GROUND FLOOR * BRIGHT KITCHEN, BLACK & STAINLESS-STEEL APPLIANCES, QUARTZ COUNTERTOPS, DESIGNER CABINETS * FREE-STANDING GAS RANGE/OVEN, DISHWASHER, BUILT-IN MICROWAVE, PRIMARY SUITE WITH LARGE CLOSET, DOUBLE-SINK QUARTZ VANITY, ALL BATHS HAVE BEEN UPDATED WITH NEW VANITIES, NEW LIGHT/WATER FIXTURES, MODERN MIRRORS WITH BUILT-IN LIGHTS * BALCONY, INSIDE LAUNDRY, WASHER/DRYER…