10 Most Affordable Condo Buildings In Miami
When you are thinking about buying a condo in Miami, one of the first considerations would always be the price of the unit. The prices of the condominiums in this part of Florida are usually perceived as expensive, and yes, there are quite a number that do have a rather exorbitant listing price. What some buyers do not realize is that there are actually a few condo buildings that have affordable and low-costing units for sale.
In order for you to find the cheapest condo units in Miami, you first need to look at the location. More often than not, the properties that are more expensive tend to be near the beach or the bay, although there are a few Bayfront and waterfront properties that are pretty affordable. Also worth noting is that most of the lower costing units can be found in buildings that are older. Cheaper condos are the usually smaller studio and one-bedroom units, so if you are looking for something spacious or have two bedrooms and above, then expect to pay a higher price for these.
1. One Island Place
- Address: 3801 NE 207 Street, Aventura Florida, 33180
- Neighborhood: Aventura
- Year Built: 1991
- Number of Floors: 29
- Number of Units: 225
- Lowest Listing Price: $100,000
One of the lowest costing condominiums in Miami is One Island Place, which was built in 1991. The building gives residents an amazing view of the bay, as well as the city and the ocean, depending on the location of the unit in the building. Some of the amenities that can be found here include swimming pools, cabanas, tennis courts, fitness center, and 24-hour security. Home configurations are in 2, 3, 4, and 5 bedroom options.
2. Ocean View
- Address: 19380 & 19390 Collins Ave, Sunny Isles Beach Florida, 33160
- Neighborhood: Sunny Isles Beach
- Year Built: 1971
- Number of Floors: 17
- Number of Units: 811
- Lowest Listing Price: $120,000
Located on Sunny Isles Beach is the massively wide 17 story edifice known as the Ocean View Condominiums. This building houses units in one and two-bedroom configurations, with views of the Intracoastal Waterway, the city, and the ocean being afforded to residents, depending on where in the building their units are. Some of the amenities you can expect here include 24-hour valet service, 24-hour concierge and security, a swimming pool, fitness center, business center, and tennis courts.
3. Blue Lagoon
- Address: 5077-5085-5091-5099 NW 7th St, Miami Florida, 33126
- Neighborhood: Miami
- Year Built: 2003
- Number of Floors: 17
- Number of Units: 600
- Lowest Listing Price: $129,000
Another high-density residential address in Miami is one that is located near the Miami International Airport, and this is the Blue Lagoon Condominiums. While far from the ocean and the popular Biscayne Bay, residents here still have a body of water to view, which is its namesake, the Blue Lagoon Lake. Homes here come in one and two-bedroom options and amenities you can expect here include a heated pool, business center, covered parking, 24-hour valet, 24-hour security, and an on-site convenience store.
4. El Dorado
- Address: 3675 N Country Club Drive, Aventura, FL 33180
- Neighborhood: Aventura
- Year Built: 1975
- Number of Floors: 27
- Number of Units: 216
- Lowest Listing Price: $139,000
Located in Aventura (which is a planned community in the northern part of Miami) is the condominium called El Dorado. Situated near the Turnberry Isle Golf Course, this building gives residents views of the bay, the ocean, the golf course, and the city, depending on where their one or two bedroom units are found. Some of the amenities homeowners can enjoy here include the use of the heated pool, exercise room, picnic and barbecue area, billiard room, and social room. It is also close to the biggest shopping mall in Florida, which is the Aventura Mall.
5. Four Ambassadors
- Address: 901 Brickell Bay Drive, Brickell, Miami Florida, 33131
- Neighborhood: Brickell
- Year Built: 1968
- Number of Floors: 20
- Number of Units: 748
- Lowest Listing Price: $150,000
This 20-story edifice houses 748 condominium units in configurations that include 1, 2, 3, & 4 bedroom options. One of the oldest condominium buildings in Brickell, homes here can enjoy views of the bay and the surrounding city. This building has a list of amenities that include two Olympic-sized swimming pools, three Jacuzzis, a poolside bar, valet parking, two on-site restaurants, and a grocery store. Aside from these conveniences, the building also has a lobby café/bakery, a beauty salon, and its own marina.
6. Marbella
- Address: 1650 Coral Way, Miami Florida, 33145
- Neighborhood: Coral Way
- Year Built: 2002
- Number of Floors: 8
- Number of Units: 60
- Lowest Listing Price: $150,000
The Marbella can be considered a boutique condominium due to the rather low number of units that can be found in the building. These units, which range in size between 617 and 1,477 square feet, and come in one to two bedroom floor plans, are located on floors three up to eight. This residence comes with a few amenities that include a business center, covered parking, and a fitness center. This address is a pet-friendly one, with a few limitations set for size and number of pets allowed per unit.
7. Winston Towers
- Address: 210-390 174th Street, Sunny Isles Beach Florida, 33160
- Neighborhood: Sunny Isles Beach
- Year Built: 1970 to 1981
- Number of Floors: 22 to 23
- Number of Units: 2800
- Lowest Listing Price: $157,000
The Winston Towers in Sunny Isles Beach is actually a group of buildings located near the Town Center Park. This group of buildings houses condo units in configurations that include studio type, one bedroom, two bedroom, and three bedroom options. Amenities you can expect when you live here include 24-hour security, covered parking, tennis courts, a swimming pool, and fitness center. It also gives residents great views of the ocean as well as the bay.
8. Williams Island 7000
- Address: 7000 Island Blvd, North Miami Beach, FL 33160
- Neighborhood: Aventura
- Year Built: 1998
- Number of Floors: 32
- Number of Units: 299
- Lowest Listing Price: $159,000
Also called Villa Marina 7000, and 7000 Island Boulevard Condominium, this 32 story condominium building has around 299 units within its walls. One of many residential structures in this part of Aventura, this address gives residents great views of the bay and the city. The amenities that come with buying or renting a home here include access to a marina, 24-hour security, concierge services, use of the club house, and access to the pool, spa, and fitness center. Home options here include 2 bedroom, 3 bedroom, and 4 bedroom choices.
9. Venetia
- Address: 555 NE 15 St, Midtown Miami, Florida 33132
- Neighborhood: Midtown, Miami
- Year Built: 1980
- Number of Floors: 35
- Number of Units: 384
- Lowest Listing Price: $167,000
Located near Margaret Pace Park and just across the bay from Biscayne Island, the Venetia is a Bayfront condominium which has homes in 1, 2, and 3 bedroom configurations. This address has a number of amenities that include a fitness center, swimming pools, an outdoor spa, and two tennis courts. Residents can also enjoy valet parking, an on-site restaurant, a poolside bar, and use of the building’s own marina. The residence is also pet friendly, with a few restrictions that may need to be clarified with building management
10. Admirals Port
- Address: 2851 NE 183rd St, Aventura, FL 33160
- Neighborhood: Aventura
- Year Built: 1974
- Number of Floors: 22
- Number of Units: 305
- Lowest Listing Price: $168,000
Another address that offers affordable condominium units to buyers is the Admirals Port Condominiums in Williams Island, Aventura. Located conveniently near a number of conveniences like grocery stores, clothing stores, and the famous Aventura Mall, this building is a great choice for those who love to be close to shopping options. Amenities that residents can expect when they have a one, two, or three bedroom home here include the use of tennis courts, a basketball court, two swimming pools, and a gym. There is also valet parking, 24-hour security, and landscaped grounds.
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