Price cut $250K3D tour
$5,549,000
1051 NE 89th Street, Miami 33138
Est. $39,537/mo with 20% down
Listing courtesy of Robert Bourne Real Estate LLC · BeachesMLS
$7,350,0003462 N Moorings Way, Miami, FL 33133
Listing courtesy of New Urban Realty · 305-798-1083 · BeachesMLS
Full disclosure: what this home really costs
11 of 12 answered from real sources. Anything not in the listing says so, and one tap asks Zach. Nothing here is guessed. Source: BeachesMLS listing, updated Oct 30, 2026, unless a row says otherwise.
- Price
- $7,350,000 · $1,454/sqft
- Property taxes
- $23,097/yr (2025 bill). A new owner's bill is reset from the sale price and is usually higher; Zach can pull the county estimate.
- HOA / condo fee
- $1,185/mo (listed as $3,555 quarterly)From the listing, unconfirmed
- What the fee covers
- Not listed - ask Zach
- Special assessments
- None listed
- Mandatory club / membership
- Required per the MLS. Membership fee per the MLS: $25,000. Ask Zach for the current club costs
- Insurance (estimate)
- About $5,975/yr (homeowners policy, county average). Get a real quote before you offer.Florida OIR county average with wind, data as of Mar 31 2026
- Flood zone
- Zone X (shaded): moderate flood risk. Flood insurance optional; often worth pricing.FEMA flood map, checked Oct 29, 2026
- Monthly payment (estimate)
- $53,393/mo: $40,072 loan + $11,638 tax + $498 insurance + $1,185 HOA. 20% down, 7.24% rate (Freddie Mac, week of October 29, 2026), 30 years. Change the numberszach.homes calculator (not a loan offer)
- Year built
- 1935
- Days on market
- About 158 days
- Price history (this listing)
- Originally listed at $7,785,000; last price change Aug 27, 2026; listed May 29, 2026. Down $435,000.
Details
- TypeHouse
- Beds5 bd
- Baths4
- Size5,056 sqft
- Year built1935
- Parking2 garage
- PoolPrivate
- ViewGarden
- NeighborhoodTHE MOORINGS
- ZIP33133
- MLS #A12028279
- To the beachAbout 5.9 mi (straight line to the nearest ocean beach, OpenStreetMap; not a drive time)
Check your commute (opens maps)
From the listing
A truly extraordinary home in Coconut Grove's prestigious Moorings community — one of only two Miami neighborhoods with private entry roads and a 24-hour manned guard gate. Abundant common areas, including the iconic 100-year-old Kapok tree at the entrance, reflect the unique and historic character of this community.Set atop the Coconut Grove Bluff at approximately 18 feet above sea level, the home features timeless Mediterranean architecture, lush landscaping, and exceptional curb appeal. Interiors offer warm natural light, beautifully designed windows, original Cuban tile floors, and elegant architectural details throughout. Sun-filled sitting rooms overlook the gardens, creating bright living spaces ideal for both family living and entertaining. Security and privacy come first. The Moorings offers one of Miami's few private entry roads with a 24/7 manned guardhouse — no one enters without approval from its distinguished owners, a level of security distinct from a typical gated community. Add world-class Coconut Grove walkability, top private schools, and waterfront at your doorstep. 18 feet above sea level.
Monthly payment calculator
Rate: 7.24% 30-year fixed average (Freddie Mac, week of October 29, 2026). Your own rate may differ; you can change it here.
Estimate, not a loan offer. Tax default: the higher of the seller's bill and about 1.9% of price (Florida resets a new owner's assessment). Insurance default: Florida OIR county average with wind, data as of Mar 31 2026. Rate is an assumption; your lender sets the real one. Zach doesn't take lender or title referral fees.
Florida risk facts
- Flood zone
- Zone X (shaded): moderate flood risk. Outside the high-risk area but inside the 0.2% annual-chance (500-year) floodplain. Flood insurance is optional and often worth pricing. Source: FEMA National Flood Hazard Layer, checked Oct 29, 2026. This is a map lookup, not an official flood zone determination.
- Wind and building code
- Built in 1935, before the statewide Florida Building Code took effect in 2002. Ask for the wind mitigation report; it can lower insurance. My Safe Florida Home offers free inspections and grants when funded.
- Disclosure
- Florida sellers must give you a flood disclosure about known flood damage, insurance claims and federal assistance (§689.302).
We don't show crime scores or rate neighborhoods. Every listing is open to everyone.
Start an offer
- Pre-approval letter or proof of funds (cash)
- The price you'd offer and your deposit
- Financing type and closing date
- Inspection period you want (often 10-15 days)
- A signed buyer agreement with Zach (Florida practice before touring or offering)
Nothing here is a binding offer. Zach calls you, checks the comps and writes the contract with you.
Ask Zach anything
One tap opens a text with this address filled in.
Zach will reply as soon as he can.
From finding it to the keys, one agent
- Find it
Every home for sale and rent from the MLS, with the real monthly cost. Or tell Zach what you want and he looks for you. - Tour it
Same day when the listing side allows, in person or live video. - Afford it
Real Florida costs up front: taxes, HOA, insurance, flood zone, assessments. Buyers: pre-approval with a lender you choose. Renters: your renter résumé and documents in one place. - Make the offer or apply
Zach writes the offer or the application, negotiates, and handles the association approval. - Close or get the keys
Zach tracks every deadline through inspections, condo documents and closing or lease signing, then stays your agent after.
Report a problem with this listing
Wrong price, already sold, wrong photos, or something that looks like a scam copy? This goes straight to Zach, who fixes or escalates it within 2 business days.
Never send a deposit by Zelle, Cash App, wire or crypto, and never before you've seen the home with a licensed agent.
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All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. Listing data last updated Nov 2, 2026, 4:36 PM ET. Listing information is deemed reliable but not guaranteed. zach.homes estimates and Zach's notes are shown separately from MLS data and labeled with their source.