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$450,000

Beds
1
Baths
1.0
sq ft
535

100 Lincoln Rd Unit 518, Miami Beach, FL 33139

100 Lincoln Rd Unit 518

Miami Beach, FL 33139

  • 57 days on market
Fully renovated apartment in the heart of South beach with huge balcony. 1 Parking spot included. Washer and dryer inside the unit. Stainless steel appliances and laminated wood floor. Building features direct beach access, pool, gym, 24h Front desk, party room. Wonderful location right on the beach, walking distance from restaurants and shopping areas on Lincoln Rd and Collins Ave. 1 Parking spot included. SHORT TERM RENTALS accepted, minimum 1 month. Pets allowed.

Details

Property type

Condominium

Est. home value

$335,300

Lot size

Unknown

Price per sq ft

$842

Year built

1965

Annual property taxes

$3,294

Monthly HOA fee

$671

Price History

05/11/2024
SEF

SEF #A11585983

Listed
$450,000
+69.81%
05/02/2019
SEF

SEF #A10621471

Sold
$265,000

Schools & Community

Neighborhood: 

Flamingo Lummus

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$200,421
Asking price
$450,000
Closing costs (~8% of asking)
-$36,000
Est. remaining loan balance
-$213,579
Cash to seller
$200,421

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Visionary Lenders

Loan start date

December 2023

Original loan amount

$214,500

Est. remaining balance

$213,579

Interest rate

7.76%

Loan type

New Conventional, 30 year

Seller

Francisco Jose Areitio Mira

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 07/07/2024 at 7:30 PM

Listing updated: 05/11/2024 at 11:05 PM

Listed by: Carla Lopez, Grand Lion Real Estate Group LLC Phone #: (305) 766-5979

MLS: SEF #A11585983

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