# Vizcayne

As of 2026-11-01, Vizcayne in Downtown has 59 units for sale at a median asking price of $480K ($497/sqft); 34 units sold in the last 12 months.

Vizcayne is a full-service condominium located in the heart of Downtown Miami directly across from Bayfront Park.

## Key facts

| | |
|---|---|
| Address | 253 NE 2nd St |
| Neighborhood | Downtown |
| Year built | 2008 |
| Floors | 49 |
| Units | 438 |
| Waterfront | no |
| Developer | Cabi Developers / later Vizcayne |
| Architect | Fullerton Diaz Architects |
| For sale | 59 |
| Pending | 0 |
| Median asking price | $480,000 |
| Median asking $/sqft | $497/sqft |
| Sold, last 12 months | 34 |
| Median sold $/sqft, 12 months | $459/sqft |
| Months of inventory | 20.8 |
| Median HOA | $1,226/mo |
| Parking | The building offers garage parking and valet service. |

## Own Miami measures

- **own.miami Building Score: 66 (B+)**
  - Value: 91 — $496/sqft — vs. Downtown condos, then all of Miami
  - Momentum: 79 — +12.6% $/sqft over 6 months
  - Liquidity: 37 — 20.6 months of supply · 59 days on market
  - Health: 71 — 3 verified records: Special assessment — noted on 2 listings · Special assessment — noted on 8 listings
  - Waterfront: 55 — Not waterfront
  - Age: 53 — Built 2008 — vs. Downtown buildings
- **Own Miami Condo Index: 71** (value; 100 = the market-median building, 200 = twice its $/sqft; rank 579 of 698 tracked Miami condos)
- **Financeability Index: 85** (strong; 12-month window, 14 recorded mortgages, 41% of sales bank-financed, lowest down payment 5%, as of 2026-10-31)
- Special-assessment outlook: elevated (next structural milestone inspection due 2033)

## Building health (verified public records)

- Public records checked 2026-10-26
- positive: Bank financing — Regulated lenders recorded 12 purchase or refinance loans on this building in the last 12 months, financing 41% of its recorded sales, and accepted a down payment as low as 5%. 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 85/100. (2026-10-31)
- elevated: Special assessment — noted on 2 listings (2026-10-28)
- elevated: Special assessment — noted on 8 listings (2026-10-10)
- Legal & regulatory: 0 material cases active, 0 disputes active, 1 DBPR complaints (36 months) (2026-09-17)

## Frequently asked questions

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

There are 59 condos for sale at Vizcayne, from $240,000, with a median asking price of $480,000 ($497/sqft).

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

HOA / maintenance fees at Vizcayne run around $1,226 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 Vizcayne built?**

Vizcayne was built in 2008, 49 stories, 438 residences.

**Who developed Vizcayne?**

Vizcayne was developed by Cabi Developers / later Vizcayne and designed by Fullerton Diaz Architects. Cabi Developers's own.miami Developer Score is B across 5 buildings.

## Related pages

- [Downtown — neighborhood guide](https://own.miami/downtown)
- [All units for sale at Vizcayne](https://own.miami/buildings/vizcayne/for-sale)
- [50 Biscayne](https://own.miami/buildings/50-biscayne)
- [Mint at Riverfront](https://own.miami/buildings/mint-at-riverfront)
- [Ivy at Riverfront](https://own.miami/buildings/ivy-at-riverfront)
- [Wind by Neo](https://own.miami/buildings/wind-by-neo)

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Source: Own.Miami — https://own.miami · data as of 2026-11-01
Canonical page: https://own.miami/buildings/vizcayne
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