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I looked at condos in Miami about 3 months ago and was finding real nice places for sub $200k. The real estate market crashed down there pretty hard from what I heard. Half million $ places selling for 150-200k. Mortgage on 200k would be around the $700 a month mark with a 20% deposit over 20-25 years I think. Worth looking into if you plan on staying for 3+ years.
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