Neighborhood
Part of South Beach & Mid-Beach.
Buyer notes
Luxury buyers and seasonal residents buy for quieter beachfront with more space. Condo-reserve and milestone diligence is essential in the mid-century towers.
Financing in 33140
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 33140 area like?
Mid-Beach is the grand condo corridor of Collins Avenue: mid-century towers, landmark hotels and newer luxury buildings facing the ocean. It is quieter and more residential than South Beach, with larger units and established buildings.
Who buys in 33140?
Luxury buyers and seasonal residents buy for quieter beachfront with more space. Condo-reserve and milestone diligence is essential in the mid-century towers.