# Midblock

As of 2026-10-31, Midblock in Midtown has 17 units for sale at a median asking price of $639K ($572/sqft); 12 units sold in the last 12 months.

Midblock is a boutique, 11-story condominium in the heart of Midtown Miami offering a mix of residential and live-work loft spaces.

## Key facts

| | |
|---|---|
| Address | 3250 NE 1st Ave |
| Neighborhood | Midtown |
| Year built | 2007 |
| Floors | 11 |
| Units | 173 |
| Waterfront | no |
| Developer | Midtown Equities / Midtown Group |
| For sale | 17 |
| Pending | 1 |
| Median asking price | $639,000 |
| Median asking $/sqft | $572/sqft |
| Sold, last 12 months | 12 |
| Median sold $/sqft, 12 months | $504/sqft |
| Months of inventory | 17.0 |
| Median HOA | $1,692/mo |
| Parking | The building offers covered parking, with some units including assigned spaces or gated parking on specific floors. |

## Own Miami measures

- **own.miami Building Score: 70 (A−)**
  - Value: 71 — $572/sqft — vs. Midtown condos, then all of Miami
  - Momentum: 74 — +9.4% $/sqft over 6 months
  - Liquidity: 49 — 17.0 months of supply · 35 days on market
  - Health: 100 — Verified records on file — nothing adverse
  - Waterfront: 55 — Not waterfront
  - Age: 41 — Built 2007 — vs. Midtown buildings
- **Own Miami Condo Index: 82** (value; 100 = the market-median building, 200 = twice its $/sqft; rank 503 of 698 tracked Miami condos)
- **Financeability Index: 68** (good; 12-month window, 7 recorded mortgages, 38% of sales bank-financed, lowest down payment 20%, as of 2026-10-31)
- Special-assessment outlook: watch (next structural milestone inspection due 2032)

## Building health (verified public records)

- Public records checked 2026-10-29: no liens, lawsuits or regulatory complaints found
- positive: Bank financing — Regulated lenders recorded 6 purchase or refinance loans on this building in the last 12 months, financing 38% of its recorded sales, and accepted a down payment as low as 20%. A bank writing a condominium loan has just checked the building's reserves, insurance, litigation and owner-occupancy against its own standards — verified due diligence, read from the public record. Financeability Index 68/100. (2026-10-31)
- positive: No special assessment — noted on 1 listings (2026-10-15)
- Legal & regulatory: 0 material cases active, 0 disputes active, 0 DBPR complaints (36 months) (2026-09-20)

## Frequently asked questions

**How much do condos at Midblock cost?**

There are 17 condos for sale at Midblock, from $469,000, with a median asking price of $639,000 ($572/sqft).

**How much are the HOA fees at Midblock?**

HOA / maintenance fees at Midblock run around $1,692 per month among units currently for sale; the exact fee varies by unit size and line, so confirm the current amount with the listing or the condo association.

**When was Midblock built?**

Midblock was built in 2007, 11 stories, 173 residences.

**Who developed Midblock?**

Midblock was developed by Midtown Equities / Midtown Group. Midtown Equities's own.miami Developer Score is B across 3 buildings.

## Related pages

- [Midtown — neighborhood guide](https://own.miami/midtown)
- [All units for sale at Midblock](https://own.miami/buildings/midblock/for-sale)
- [Baltus House](https://own.miami/buildings/baltus-house)
- [Midtown 2](https://own.miami/buildings/midtown-2)
- [Four Midtown](https://own.miami/buildings/four-midtown)

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Source: Own.Miami — https://own.miami · data as of 2026-10-31
Canonical page: https://own.miami/buildings/midblock
License: CC BY 4.0 — https://creativecommons.org/licenses/by/4.0/
Methodology: https://own.miami/methodology · For AI assistants: https://own.miami/for-ai
