MIAMI BEACH, FL
Miami Beach Mortgage Loans
Purchase, refinance and specialty financing for Miami Beach buyers and homeowners, with guidance from Alex El-Ali.
MIAMI BEACH
Mortgage guidance in Miami Beach
Miami Beach is a barrier-island city of condos, historic Art Deco buildings and waterfront homes. Alex works with Miami Beach buyers and homeowners by phone, text and video from his Hollywood office, comparing options across 300+ wholesale lenders through NEXA Mortgage.
The City of Miami Beach offers purchase assistance through its SHIP program, and Miami-Dade County programs may also apply. Funding opens and closes, so check current availability.
LOCAL MARKET SNAPSHOT
Miami Beach homes, jobs and schools
Home prices
- Median single-family sale price: $659,000
- Median condo/townhouse sale price: $330,000
Miami-Fort Lauderdale-West Palm Beach metro, September 2026. Source: Florida Realtors. Metro-wide figures; prices in Miami Beach vary by neighborhood and property type.
Job market
Major employers include Baptist Health South Florida, Jackson Health System, the University of Miami, PortMiami and Miami International Airport, plus finance, trade, tourism and international business.
Unemployment rate: 3.2% (Miami-Fort Lauderdale-West Palm Beach metro, September 2026, not seasonally adjusted). Source: U.S. Bureau of Labor Statistics via FRED.
Schools
Miami Beach is served by Miami-Dade County Public Schools, which earned a “A” district grade from the Florida Department of Education for 2025–26. Individual school grades vary; see FLDOE school grades for specific schools.
Miami Beach at a glance
- Population: 82,031
- Median household income: $72,856
- Median home value: $556,700
- Median rent: $1,826/month
- Homeownership: 41%
- Miami-Dade County
- 2026 FHA loan limit (1 unit): $667,000
- 2026 conforming loan limit (1 unit): $832,750
- Miami-Dade County down payment assistance
- All Miami-Dade County loan options
Population, income, home value, rent and ownership: U.S. Census Bureau, ACS 2020–2024 5-year estimates. Loan limits are set yearly by HUD and FHFA.
HOME VALUE
Have your eye on a property? See what it’s worth.
Register once, enter the address of a Miami Beach home you’re watching, or your own, and you’ll see an instant automated estimate right here. If the estimate isn’t available, as happens with some condos and unique homes, Alex will review recent nearby sales and send you a value range.
- Instant estimate for most homes
- Free personal value review when the estimate isn’t available
- Then see what your payment could be on that price
An automated estimate is not an appraisal and may differ from the value a lender uses. By submitting, you agree to be contacted by phone, text or email about your request. Consent is not a condition of any loan.
NEXT STEPS
Buying or refinancing in Miami Beach?
KNOW BEFORE YOU BUY
Financing a home in Miami Beach
- Condos. Most Miami Beach homes are condos, and Florida’s condo safety laws affect many buildings. Non-warrantable condo loans cover buildings that don’t meet standard rules.
- Higher prices. Many homes and luxury condos need a jumbo loan.
- International and second-home buyers. Foreign national loans work without U.S. credit. Short-term rental rules are strict, so confirm before you buy.
Areas Alex works in
South BeachMid-BeachNorth BeachNormandy Isles
GET STARTED
See what you may qualify for
Share a few details and Alex will follow up personally to review your options — usually the same business day. No obligation, and requesting information does not affect your credit.
- Shop 300+ wholesale lenders through NEXA Mortgage
- Clear answers on rates, costs and cash to close
- Pre-approval decisions typically within 24 hours of a complete application
By submitting, you agree to be contacted by phone, text or email about your inquiry. Message and data rates may apply; reply STOP to opt out of texts. Consent is not a condition of any loan. This is not a loan application — please do not include Social Security numbers, account numbers or financial documents. See our Privacy Policy.
EXPLORE MORE
Popular loan programs in Miami Beach
Non-Warrantable Condo LoansJumbo LoansForeign National LoansConventional LoansAffordability CalculatorMiami-Dade CountyMiami-Dade County Down Payment Assistance
Other Miami-Dade County cities
MiamiHialeahMiami GardensHomesteadDoralNorth MiamiCoral GablesCutler Bay
Not a commitment to lend. Not all applicants qualify. Programs, rates, terms and availability may change without notice. All loans are subject to credit, income, asset and property approval. H. Alex El-Ali, NMLS #1513750, FL LO125697 | NEXA Mortgage, LLC, NMLS #1660690. Equal Housing Lender.
Ready To Take The Next Step?
Talk with Alex about your goals — no pressure, no obligation.