750 2nd St #201
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 $70,800 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $15,248.
Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($114,750). 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 ($1,350 in 2026), not enough for a trend yet. The listing shows $1,180/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
- Low HOA (0.6%/yr)
- Newer build (2012)
⚠️ Cons
- 52% above model fair value
- HOA $1180/mo
- Photos look dim — verify light in person
🚩 Red flags
- Very high HOA $1180/mo (full-service high-rise)
Photos
Price history (this unit)
- Oct 3, 2026 — Listed $2,295,000
- Feb 12, 2013 — Sold (MLS) $1,749,000
- Feb 12, 2013 — Sold (Public Records) $1,749,000
- Nov 14, 2012 — Listed $1,749,000
Description
Rare South Beach Modern Getaway! This unique residence combines privacy, sophisticated interiors, and two exclusive-use patios with private elevator access. Welcome to 750 2nd Street, #201. This unique urban residence provides direct elevator access to a welcoming vestibule greeted by one of the two patios. Thoughtfully designed for comfort, privacy, and functionality, this generous retreat features two ensuite bedrooms and a powder room, resulting in a seamless connection between sophisticated interiors and inviting outdoor spaces. The formal entry introduces an enviable chef's kitchen that opens to a spacious dining area and generous living room, surrounded by a wall of windows…