# Parc Plaza

As of 2026-10-31, Parc Plaza in South Beach has 4 units for sale at a median asking price of $485K ($502/sqft); 3 units sold in the last 12 months.

Parc Plaza is a 14-story, 64-unit condominium built in 1983 at 1775 Washington Ave in South Beach, in FEMA flood zone AE and Miami-Dade evacuation zone B.

## Key facts

| | |
|---|---|
| Address | 1775 Washington Ave |
| Neighborhood | South Beach |
| Year built | 1983 |
| Floors | 14 |
| Units | 64 |
| Waterfront | no |
| Developer | Parc Plaza Developers, Inc. |
| For sale | 4 |
| Pending | 1 |
| Median asking price | $485,000 |
| Median asking $/sqft | $502/sqft |
| Sold, last 12 months | 3 |
| Median sold $/sqft, 12 months | $549/sqft |
| Months of inventory | 16.0 |
| Median HOA | $1,654/mo |
| Parking | assigned parking |

## Own Miami measures

- **own.miami Building Score: 62 (B+)**
  - Value: 81 — $502/sqft — vs. South Beach condos, then all of Miami
  - Momentum: 50 — Recent price trend
  - Liquidity: 27 — 16.0 months of supply · 147 days on market
  - Health: 98 — 3 verified records: DBPR complaints
  - Waterfront: 55 — Not waterfront
  - Age: 31 — Built 1983 — vs. South Beach buildings
- **Own Miami Condo Index: 84** (value; 100 = the market-median building, 200 = twice its $/sqft; rank 478 of 698 tracked Miami condos)
- **Financeability Index: 51** (good; 12-month window, 4 recorded mortgages, 33% of sales bank-financed, lowest down payment 25%, as of 2026-11-01)
- Special-assessment outlook: elevated (next structural milestone inspection due 2028)

## Building health (verified public records)

- Public records checked 2026-10-30
- positive: Bank financing — Regulated lenders recorded 2 purchase or refinance loans on this building in the last 12 months, financing 33% of its recorded sales, and accepted a down payment as low as 25%. 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 51/100. (2026-11-01)
- positive: No special assessment — noted on 1 listings (2026-06-30)
- watch: DBPR complaints — Florida DBPR Division of Condominiums public complaint record for association licence MA00022001: 2 complaints in the last 36 months (1 open, 0 with discipline, 0 closed with a letter). A complaint is an allegation; only dispositions are findings. Investigations are confidential and not counted. (2025-12-16)
- Legal & regulatory: 0 material cases active, 0 disputes active, 2 DBPR complaints (36 months)

## Frequently asked questions

**How much do condos at Parc Plaza cost?**

There are 4 condos for sale at Parc Plaza, from $479,000, with a median asking price of $485,000 ($502/sqft).

**How much are the HOA fees at Parc Plaza?**

HOA / maintenance fees at Parc Plaza run around $1,654 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 Parc Plaza built?**

Parc Plaza was built in 1983, 14 stories, 64 residences.

**Who developed Parc Plaza?**

Parc Plaza was developed by Parc Plaza Developers, Inc..

## Related pages

- [South Beach — neighborhood guide](https://own.miami/south-beach)
- [All units for sale at Parc Plaza](https://own.miami/buildings/parc-plaza/for-sale)
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- [Riviera](https://own.miami/buildings/riviera)
- [Tower 1800](https://own.miami/buildings/tower-1800)
- [Collins Vista](https://own.miami/buildings/collins-vista)

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Source: Own.Miami — https://own.miami · data as of 2026-10-31
Canonical page: https://own.miami/buildings/parc-plaza
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