FHA
Active
30$995,000$863,766 down
- Rate
- 3.91%
6.95%today- Payment
- $921/mo
$1,290today
- 3beds
- 2baths
- 1,360sqft
Miami Beach, Florida
Assumable homes for salein Miami Beach, Florida.
1 home in Miami Beach carries an existing FHA, VA, or USDA loan you can take over, with locked rates from 3.91%. Assume the seller’s mortgage instead of financing at today’s 7.2%.
Live MLS data · Updated
Miami Beach assumable market
by the numbers.
1active assumable listing
3.91%lowest locked rate
$995kmedian list price
$445saved per month vs. 7.2%
About the market
Assumable mortgagesin Miami Beach, explained.
Every number on this page comes from the live MLS feeds UMe indexes for Florida, filtered to Miami Beach. Updated June 2026.
How assumptions work for buyersMiami Beach, Florida has 1 home for sale with an assumable mortgage as of June 2026: 1 FHA loan that a qualified buyer can take over at the seller's existing rate instead of financing at today's roughly 7.2%. Rates on active Miami Beach assumable listings start at 3.91% with a median of 3.91%; 1 listing is under 4% and 1 is under 5%.
The median assumable home in Miami Beach lists for $995,000, with a median of $862,785 in cash to assume, the gap between the price and the remaining loan balance. At the median assumable rate the principal-and-interest payment is about $921 a month versus $1,366 for the same balance at today's rate, roughly $445 kept every month and $5,341 a year. The most active Miami Beach ZIP codes are 33141 (1).
UMe confirms the balance, rate, and assumability of each listing with the listing agent before marking it Certified. FHA, VA, and USDA loans are assumable by law, and you do not need to be a veteran to assume a VA loan. Once you are under contract, the loan servicer underwrites you rather than a new lender; most Miami Beach assumptions close in 45 to 90 days, and UMe tracks the file with the servicer and both agents so nothing stalls.
Verified in Miami Beach
View all 1 on the map Homes on the marketin Miami Beach.
FHA
Active
21$360,000$360,000 down
- Rate
- 6.50%
6.95%today- Payment
- $0/mo
- 3beds
- 1baths
- 1,306sqft
18410 42ND Avenue, Miami Gardens
Live MLS collection. Loan balances, payment estimates, and cash-to-assume amounts update with the source listing. Taxes, insurance, HOA, closing costs, and secondary financing may change the final monthly payment.
Inventory snapshot
What’s in the mixin Miami Beach.
Live counts from the MLS feeds we index for Florida. Updated June 2026.
- Active listings
- 1
- UMe Certified / verified
- 0
- Lowest rate
- 3.91%
- Median rate
- 3.91%
- Median list price
- $995,000
- Median cash to assume
- $862,785
Miami Beach listings by locked rate
- Under 4%1 home
- 4% – 5%0 homes
- 5% – 6%0 homes
- 6% and up0 homes
Miami Beach listings by loan type
- FHA1 homemedian 3.91%
FHA, VA, and USDA loans are assumable by law. Conventional loans almost never are.
By neighborhood
Assumable homesby Miami Beach ZIP code.
Each ZIP opens the Miami Beach map zoomed to its listings, in assumptions mode, with rate and payment filters ready.
Run the Miami Beach numbers
What an assumable ratedoes to a Miami Beach payment.
The sliders start at the median Miami Beach assumable listing: $995,000 list price and a 3.91% existing rate. We compare the payment you would take over against financing the same balance with a new loan at today’s 7.20%. Principal and interest only; taxes, insurance, and HOA dues are the same either way.
The gap between price and balance is the seller’s equity: your cash to assume, or what a second loan can help cover.
Cash to assume (seller’s equity)$865,000
87% of the price. Eligible buyers can start with as little as 5% down using a second loan for the rest.
Your monthly payment if you assume in Miami Beach
$664/mo
New loan at 7.20%$882
Assumed at 3.90%
$664
Every month$219
Over five years$13,127
Interest you never pay$110,61626-year assumed loan vs. a new 30-year loan
Estimates for illustration. The real numbers depend on the loan, the servicer, and your qualification; every Miami Beach listing on UMe shows the actual balance, rate, and payment.
How it works in Miami Beach
How to assumea mortgage in Miami Beach.
You’re not applying for a new mortgage. You’re stepping into one that already exists, at the rate it was written. Four steps, and UMe owns the hard one.
Start with pre-qualification- 01
Find a Miami Beach home with a locked rate.
Every listing on this page carries an existing FHA, VA, or USDA loan. Filter the Miami Beach map by existing rate, monthly payment, or cash to assume instead of by list price alone.
- 02
Cover the seller’s equity.
You pay the seller the difference between the price and the remaining balance, a median of $862,785 in Miami Beach today. Cash, a second loan, or seller financing can bridge it.
- 03
Qualify with the servicer, not a new lender.
The current loan servicer reviews your credit, income, and debt just like a lender would. UMe prepares the file, works the servicer directly, and chases every follow-up so the 45-to-90-day timeline holds.
- 04
Close and keep the rate.
The seller’s balance, rate, and remaining term become yours. No points, no origination fee, no reset to 30 years, and a Miami Beach payment written in a different decade.
Miami Beach questions
Assuming a mortgagein Miami Beach.
The numbers below come from current Miami Beach inventory and update as listings change.
All assumption FAQsHow many assumable homes are for sale in Miami Beach?
As of June 2026, UMe tracks 1 active assumable listing in Miami Beach. Inventory refreshes from the MLS throughout the day, so the map may show slightly different counts.
What types of assumable loans are available in Miami Beach?
Current Miami Beach inventory breaks down as FHA (1, median 3.91%). FHA, VA, and USDA mortgages are assumable by law, which is why they make up nearly all assumable listings. Conventional loans usually carry a due-on-sale clause and cannot be assumed. You do not need to be a veteran to assume a VA loan, though the seller's entitlement stays tied up unless you substitute your own.
What is the lowest assumable mortgage rate in Miami Beach?
The lowest rate on an active Miami Beach assumable listing is 3.91%, and the median across all 1 listing is 3.91%. 1 listing is under 4% and 1 is under 5%, compared with roughly 7.2% for a new 30-year loan today.
How much can I save with a mortgage assumption in Miami Beach?
Across current Miami Beach listings, the median principal-and-interest payment on the assumable loan is $921 per month versus $1,366 for the same balance at today's rates, a difference of about $445 every month, or $5,341 a year. The savings compound because you also keep the seller's remaining term instead of restarting a 30-year clock.
How much money do I need to assume a home in Miami Beach?
When you assume a loan you pay the seller the difference between the list price and the remaining loan balance. In Miami Beach that gap is currently a median of $862,785 on a median list price of $995,000. Buyers cover it with cash, a second mortgage, or seller financing; UMe can connect you with lenders who write gap loans behind an assumption.
Which Miami Beach ZIP codes have the most assumable homes?
The Miami Beach ZIP codes with the most active assumable listings are 33141 (1). Use the map to draw your own boundary or filter by rate, payment, and down payment inside any of them.
How long does a mortgage assumption take in Miami Beach?
Most FHA and VA assumptions close in 45 to 90 days. The loan servicer, not a new lender, underwrites you, and servicer turnaround is the main variable. UMe tracks the file with the servicer and the listing agent so nothing stalls, and every listing shows whether the assumption has already been confirmed with the seller's side.
Nearby markets
All of Florida More assumable homesin Florida.
Ready when you are
Stop overpaying for Miami Beach.The rate is already on the house.
Every listing on the Miami Beach map has a rate you can take over. Start with the ones in Miami Beach, get pre-qualified in minutes, and let UMe carry the assumption to closing.
