New 2019 FHA Loan Limits in Miami, and FHA Approved Condos List

New 2019 FHA Loan Limits in Miami, and FHA Approved Condos List

Dec 19, 2018 December 19, 2018

Good news for home and condo buyers with low down payments. FHA loans have new higher limits in 2019 that allow you to get into a few select condos with just 3% down and sometimes more flexible loan terms than conventional loans.

FHA maximim loan limits for single family (including condos) has gone up to $356,500 from last year’s $345,000, which is more than a 3% increase for the year.

2019 FHA Loan Limits in Miami-Dade County

(includes areas CondoBlackBook.com tracks such as:
Miami, Miami Beach, Key Biscayne, Sunny Isles, Aventura)

One-Family
(Homes & Condos)
Two-Family
(Duplexes)
Three-Family
(Triplex)
Four-Family (Four-plex)Last Revised
NEW FHA LOAN LIMITS EFF 1/2019$356,500$456,350$551,650$685,55012/17/2018
Previous FHA Loan Limits$345,000$441,650$533,850$663,45012/01/2017

FHA Approved Condos

Condo BuildingAddressCityNeighborhoodExpiration
Brickell on the River South31 SE 5th StMiamiBrickell5/31/2019
Key Colony II251 Crandon BlvdKey BiscayneKey Biscayne3/29/2020
Seacoast 51515151 Collins AveMiami BeachMid-Beach1/31/2019
Toscano Condominium7350 and 7355 SW 89th StKendallDowntown Dadeland12/11/2019

Feel free to contact us to discuss your purchasing and FHA lender options.

Contact Sep Niakan
Founder, Condoblackbook.com & Owner/Broker, HB Roswell Realty
(786) 930-4220
contact@condoblackbook.com
Request Info
By sending you agree to CondoBlackBook's Terms of Use

Your Miami Condo Awaits

Recent Posts

Edgewater: Miami’s Best-Kept Secret Neighborhood
Real Estate News Edgewater: Miami’s Best-Kept Secret Neighborhood
Tracing the Biscayne Bay shoreline just north of Miami’s Arts and Entertainment District and the Venetian Causeway (NE 17th Terrace to I-95 and back along E. Coast Avenue) is the pocket-sized neighborhood of Edgewater. This water-facing community could be small in size but is definitely big on potential. Over the past decade, Edgewater has emerged as one of the most loved residential neighborhoods of Miami, with major developers like the Related Group to Melo Group and global brands like Missoni recognizing its value, proximity and community feel by building some of the finest specimens of luxury real estate in their Icon Bay, Aria on the Bay, and Missoni Baia offerings, respectively.  So, what makes Edgewater so appealing? Was it always this bayside paradise, safe and perfect enough to rank second on niche.com’s “Best Places for Young Professionals in Miami” and third on the “Best Neighborhoods to Raise a Family in Miami?” What’s the history behind this shiny new neighborhood loved...
9 Miami Architects You Have to Know
Opinions and Advice 9 Miami Architects You Have to Know
In the age of Starchitects, let’s not forget that Miami has been at the forefront of leading architecture for decades, which explains why tourists and architecture lovers flock here yearly to enjoy, and even live in, the Magic City’s eclectic subtropical architecture. So, who are Miami’s most notable architects, past and present? Want to live in one of Miami’s architectural gems? Read on to learn more about Miami’s ongoing love affair with architecture and some of the architects who have made Miami architecture so damn cool.  Past Miami Architects: Legends Francis Burrall Hoffman and Paul Chalfin  One of Miami’s oldest and most famous architectural landmarks is the breathtaking Villa Vizcaya, built in 1914 as the summer home of millionaire tycoon James Deering. Deering hired painter, curator, and art historian Paul Chaflin to help him envision the estate, and architect Francis Burrall Hoffman carried out the plan. A Mediterranean style palace on Biscayne Bay, complete with baroque...
Miami Beach Luxury Condo Market Report Q4 2019
Real Estate News Miami Beach Luxury Condo Market Report Q4 2019
CondoBlackBook.com's year-end data review of the overall Miami luxury condo market trends revealed an increase in Sales and Sales Prices, but also increases in Days on Market and Inventory from 2018 to 2019. While higher sales and prices show that the market is headed in the right direction, especially in the Mid/North Beach condo market, increase in inventory shows that there's still a long way to go before the market can stabilize and move out of its buyer-friendly zone. This 4Q19 report details how Miami Beach and its sub-neighborhoods fared annually as well as over the last quarter of 2019, along with tracing their alignment with the overall luxury condo market trends in Miami. For the purposes of this report, we've included the sub-neighborhoods of South Beach, Mid-Beach, North-Beach, Sunny Isles Beach, Surfside, Bal Harbour, and Fisher Island as part of our Miami Beach grouping. Also, this luxury condo market report only features properties priced at $1 million and...
Miami’s New and Pre-Construction Condo Update: January 2020
Real Estate News Miami’s New and Pre-Construction Condo Update: January 2020
South of Fifth's Ocean Park became the first preconstruction to launch sales in 2020. North Miami Beach’s Eighty Seven Park started closings. And, Legacy in the Arts & Entertainment District is bringing the first-of-its-kind rooftop atrium to Miami. Read on for details on these and more Miami preconstruction condo updates below: Closings Started Eighty Seven Park – North Beach Residents, including tennis superstar Novak Djokovic, are a step closer to enjoying their units as closings started in January for this oceanfront building. Designed by the Pritzker Prize-winning Renzo Piano, this boutique condo stands 18 stories tall with a total of 70 designer residences. Amenities at this luxury development include a two-acre private park, swimming pool with cabanas and towel service, Enoteca wine lounge, outdoor natural juice bar, salon, full-time botanist, gym and spa. Prices range from $2 million to $18 million, with a choice of one- to five-bedroom residences. Sales...
Tao Restaurant Planned for Edgewater’s Historic Miami Woman's Club
Lifestyle Tao Restaurant Planned for Edgewater’s Historic Miami Woman's Club
Want to know what Miami’s next favorite restaurant will be? Here it is... Sitting on Biscayne Bay, right next to Edgewater’s gorgeous Margaret Pace Park, is a gem of a historic Miami building. You know the one, the luscious Mediterranean Revival villa-like one, that was long abandoned and clearly a prime Miami waterfront location. Well, Miamians and Miami-lovers alike, wait no longer.  A new luxury restaurant and relaxed, verdant lounge is set to open at the site of the historic Miami Women's Club, overlooking the waters of Biscayne Bay. Rendering courtesy of Kobi Karp A partnership between Groot Hospitality and Tao Group, which operates restaurants in New York, Las Vegas, Los Angeles, Chicago, Singapore, and Sydney, will convert the waterfront property into a high-end restaurant seating 558 diners, including 250 indoors and 308 on an open-air terrace at 1737 North Bayshore Drive. The new restaurant, which has yet to be named, will also feature three full bars, a relaxing...
Art Wynwood Returns to Miami this Weekend
Lifestyle Art Wynwood Returns to Miami this Weekend
If you didn’t get enough art during Miami Art Week (and you’re looking for an artsy way to celebrate Valentine’s Day), get ready for the return of Art Wynwood to the Herald Plaza on Biscayne Bay this weekend. Known as the sister fair to the famed Art Miami and CONTEXT Art fairs in December, Art Wynwood is one of the many exciting yearly art events in Miami, solidifying the Magic City’s status as a verifiable year round art destination.  Founded in 2012, Art Wynwood showcases a dynamic array of contemporary art, with a curatorial focus on emerging talent, mid-career artists, and blue chip post-war modern masters. And because it’s held in February, it’s a great opportunity for aspiring and seasoned art collectors to get their hands on a Warhol or Basquiat without all the harried frenzy of Art Basel. Photo courtesy of Art Wynwood Opening with a VIP Vernissage Thursday evening, and then open to the public through Monday, the Downtown Miami art fair features work by over 180 artists...