Buyer notes
Urban professionals, investors and first-time buyers priced out of Brickell look here. Older tower inventory can mean value for buyers willing to review the building’s finances carefully.
Financing in 33132
Conventional Loans
A conventional loan is a mortgage not insured by the government that follows Fannie Mae or Freddie Mac guidelines.
FHA Loans
An FHA loan is a government-insured mortgage that allows 3.5% down with a credit score of 580 or higher, or 10% down with a score from 500 to 579.
DSCR Loans
A DSCR loan is an investment-property mortgage that qualifies you on the property’s rental income divided by its monthly payment (the debt service coverage ratio).
FAQ
What is the 33132 area like?
Downtown Miami is the urban core: office towers, newer residential high-rises, the courthouse district and the Bayside waterfront. Housing is overwhelmingly apartments and condos, many built in the 2000s condo boom.
Who buys in 33132?
Urban professionals, investors and first-time buyers priced out of Brickell look here. Older tower inventory can mean value for buyers willing to review the building’s finances carefully.