Opera Tower, Miami, FL 33132
Opera Tower
1750 N Bayshore Dr, Miami FL 33132
Table of Contents
Condo
2007
55 floors
635 units
Description
The Opera Tower condominium is a sleek, modern high-rise located in the Edgewater neighborhood of Miami, Florida. Standing 56 stories tall, this iconic circular tower offers stunning panoramic views of Biscayne Bay, downtown Miami, and Miami Beach. Its prime waterfront location places it just minute...
Market Activity
For Sale
58 properties (9.1% of complex)
Pending Sale
4 properties (0.6% of complex)
Sold
30 properties (4.7% of complex)
Market Activity by Type of Units
 Type of Unit | For Sale | Pending Sale | Sold |
|---|---|---|---|
| Studio | 9 | 1 | 4 |
| 1 BDR | 32 | 0 | 19 |
| 2 BDR | 17 | 3 | 7 |
Number of Days on the Market
| For Sale | Pending Sale | Sold | |
|---|---|---|---|
| 225 | 155 | 122 |
Historic Sales Data (past 365 days)
Properties Sold
30 properties (4.7% of complex)
Avg. Days on the Market
Avg. Sales Discount
Monthly Sales Volume (past 365 days)
Monthly % Discount for Properties Sold (past 365 days)
Averages Prices
| Avg. Prices | For Sale | Pending Sale | Sold |
|---|---|---|---|
| $459,770 | $538,325 | $426,896 |
| Avg. Price Per Sq.Ft | For Sale | Pending Sale | Sold |
|---|---|---|---|
| $544 | $617 | $512 |
Averages Prices per Type of Units (past 365 days)
Averages Prices per Sq.Ft, per Type of Units (past 365 days)
Properties For Sale Below Average Prices
Median Prices
| Median Prices | For Sale | Pending Sale | Sold |
|---|---|---|---|
| $424,450 | $589,500 | $407,000 |
| Median Prices/Sq.Ft | For Sale | Pending Sale | Sold |
|---|---|---|---|
| $532 | $643 | $497 |
Median Prices per Type of Units (past 365 days)
Median Prices per Sq.Ft, per Type of Units (past 365 days)
Properties For Sale Below Median Prices
Fees & Taxes (properties for sale)
| Avg. Monthly HOA Fee |
|---|
| $939.78 |
| Avg. Yearly Real Estate Tax |
|---|
| $5,511.33 |
Avg. Monthly HOA Fee, per Type of Units (for sale)
Avg. Yearly Real Estate Tax, per Type of Units (for sale)
HomesReports.com, a real estate information platform, provides detailed and up-to-date market reports, helping buyers and sellers navigate the real estate market with confidence. When it comes to a property like Opera Tower, which is part of a thriving residential community, the platform can play a crucial role in delivering the latest market data, trends, and insights for both buyers and sellers.
How HomesReports.com Helps Buyers:
For buyers, purchasing a property is a major investment decision that requires access to the most recent and accurate market data. HomesReports.com acts as a comprehensive resource that empowers buyers by offering:
1. Property Listings and Details:
Buyers can explore detailed listings for available units within Opera Tower, with essential information like square footage, number of bedrooms and bathrooms, year of construction, and specific amenities offered in each unit. This helps potential buyers compare different options and make informed decisions based on their preferences and budget.
2.Price Trends and Comparative Market Analysis:
One of the most valuable tools HomesReports.com offers is historical price data for properties in Opera Tower. Buyers can look at price trends over months or years, seeing how the value of properties in the area has fluctuated. This helps them understand if the current market price is fair or inflated and whether it is a good time to buy. Market Analysis reports can show how a particular unit compares with similar properties in the same building or home community, giving buyers an edge when it comes to negotiating offers.
3.Market Forecast and Investment Potential:
Many buyers purchase real estate with investment potential in mind. HomesReports.com can offer reports on the expected growth or decline in property values in Opera Tower based on broader market trends in South Florida. This kind of predictive data helps buyers assess whether a property will likely appreciate in value over time, making it a sound investment for the future.
4.Mortgage and Financing Information:
Another aspect where HomesReports.com can assist buyers is by providing tools to estimate mortgage payments, along with current interest rates and loan options. Understanding the financial aspect of purchasing a home is essential, and having access to these tools makes it easier for buyers to plan their finances before committing to a purchase.
