We Buy Houses in Miami, FL

Miami-Dade County’s own resilience office tracks sunny-day flooding as a routine occurrence now, not a rare event, and researchers estimate a repeat of the 1926 hurricane that once leveled the city could cost well over $280 billion today, more than Hurricane Katrina. That combination of rising sea levels, an aging housing stock built long before modern wind codes, and a property-insurance market that has grown sharply more expensive and selective has made Miami one of the hardest cities in the country to sell an older or storm-damaged home through a conventional, financed sale. Cash Home Buyers CA buys houses throughout Miami as-is, for cash, storm damage, flood exposure and all.

Miami’s market in August 2026: prices up, but homes take longer

Redfin’s August 2026 figures put Miami’s median sale price at about $650,000, up 2.3 percent from a year earlier, but with homes now spending around 116 days on market, 16 days longer than a year before, and selling for about 94.9 percent of asking price. Prices are still climbing on paper, but the slower pace and wider discount from asking point to a market where buyers, especially those relying on financing, are more cautious than the headline price suggests.

Insurance is the biggest reason why. A house with an old roof, storm damage, or flood-zone exposure can be difficult or expensive to insure, and without a policy a lender won’t fund the loan. For the seller of a pre-hurricane-code home in Little Havana, a storm-damaged property, or a house that’s been sitting through the insurance shakeout, that 116-day average is often optimistic, and a written cash offer skips the insurance question entirely.

Rules that shape a Miami home sale

Florida law, and Miami-Dade County’s own rules, set the ground for a Miami sale. Here is what we verified as of September 2026:

• Foreclosure process. Florida foreclosures go through the courts, which can extend the timeline compared with non-judicial states but still results in a public foreclosure record.
• Closing. Florida does not require an attorney at closing; title agents and attorneys both commonly handle Miami closings.
• Transfer tax. Miami-Dade County charges a documentary stamp tax of $0.60 per $100 of consideration for single-family homes (plus a surtax on other property types), lower than the $0.70 per $100 rate used in most of the rest of Florida.
• Seller disclosure. Florida requires sellers to disclose known facts that materially affect value and aren’t readily observable, and since 2025 also requires a specific flood disclosure covering past flooding, flood insurance claims and flood-related disaster aid.
• Flood and hurricane risk. Miami-Dade’s resilience office actively tracks worsening tidal and sunny-day flooding, and much of the city’s older housing predates modern wind-resistance building codes, both of which shape insurance availability and cost.

Little Havana to Coconut Grove: what we buy in Miami

Miami’s neighborhoods span a century of building eras and very different exposure to the city’s climate risks. Little Havana and Coral Way carry dense, older single-family and small multifamily housing, much of it built before modern hurricane codes. Allapattah mixes older residential stock with industrial-adjacent parcels, while Coconut Grove blends historic bungalows with newer waterfront construction that faces its own flood and storm-surge exposure. We buy across all of it: the pre-code house that needs roof and window upgrades to get insured, the storm-damaged property still waiting on repairs, the inherited Little Havana home a family doesn’t want to manage from out of state, and the tenant-occupied rental in a neighborhood where insurance costs have made a landlord ready to exit.

Situations we see most in Miami

• Storm and hurricane damage. Roof damage, water intrusion, and other storm-related issues are common, and they can make a house impossible to insure, and therefore impossible to finance, until repaired. We buy it as-is.
• Flood-zone exposure. Properties in FEMA-mapped flood zones face higher insurance costs and stricter lending requirements. We don’t need a flood policy in place to close.
• Pre-code older homes. Houses built before Florida’s modern hurricane building codes often need costly upgrades to qualify for standard insurance. We buy them without requiring that work first.
• Inherited properties. Miami has many long-held family homes, often with heirs living out of state. We buy inherited houses and can close after probate.
• Landlords exiting amid rising insurance costs. We buy tenant-occupied property with leases in place, no eviction required.

How a Miami cash sale closes

Once you accept our written offer, closing runs through a licensed title company, often in 7 to 14 days. Because we don’t finance the purchase, there’s no lender-required insurance policy to obtain before closing, no appraisal contingency, and no underwriting delay tied to flood zone status or wind mitigation reports. Miami-Dade’s documentary stamp tax of $0.60 per $100 applies at closing, and title work on an older Miami property sometimes surfaces old liens or heirs who never formally transferred title, issues we work through rather than walk away from.

Listing a Miami house or selling for cash

A newer or recently updated home with a current wind mitigation report and an active insurance policy is still a strong candidate for a traditional listing in a market where prices are up 2.3 percent year over year. An agent can market it to buyers who can finance without friction.

The math changes when the house has storm damage, sits in a high flood-risk zone, predates modern hurricane codes, or simply can’t get insured at a rate a lender will accept. In that scenario, the market’s 116-day average time on market is often the best case, not the worst, since a financed buyer’s deal can collapse late over an insurance denial. Our offer accounts for the repairs and insurance risk, but it comes with no financing contingency to fall through, no commission, and a closing date you control.

Miami sellers ask us

How fast can I sell my house in Miami for cash?

We typically send a written offer within 24 to 48 hours and can close through a title company in as little as 7 to 14 days. Redfin's August 2026 data shows the typical Miami home now taking about 116 days to sell, 16 days longer than a year ago, so a cash sale usually saves months, especially on a property that would struggle to get insured.

Can you buy my house if it has hurricane or flood damage?

Yes. We regularly buy Miami properties with storm damage, roof issues, or flood-zone exposure, and we don't require an active insurance policy or completed repairs to close.

Is there a transfer tax when I sell my Miami house?

Yes. Miami-Dade County charges a documentary stamp tax of $0.60 per $100 of price for single-family homes, which we account for in your net proceeds.

My house is in a flood zone. Does that matter if I sell to you?

It matters much less than with a financed buyer. A lender typically requires flood insurance in a mapped high-risk zone before funding a loan, which can be expensive or hard to obtain. We pay cash and don't need a flood policy in place to close.

What if my house was built before modern hurricane codes?

Many of Miami's older homes predate current wind-resistance requirements, which can make full insurance coverage costly or difficult to get. We buy pre-code homes as-is, without requiring roof or window upgrades first.

To request a written cash offer on your Miami house, call 424-435-2326. The offer is free, and the decision is yours.

Written and reviewed by the Cash Home Buyers CA team, a nationwide cash home buyer. Market figures are from Redfin, Miami-Dade County, and Florida state law as of August-September 2026 and are updated periodically.

Get a free cash offer from Cash Home Buyers CA today.