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$320,000

Beds
1
Baths
1.0
sq ft
641

1021 Michigan Ave Unit 8, Miami Beach, FL 33139

1021 Michigan Ave Unit 8

Miami Beach, FL 33139

  • 310 days on market
Indulge in the epitome of South Beach living with this meticulously renovated 1-bedroom, 1-bathroom gem. Perfect for both end-users and investors alike, this spacious unit offers a seamless blend of sophistication and comfort. Featuring a new kitchen with stainless steel appliances, new flooring, and an in-unit washer/dryer, convenience and luxury awaits. Nestled in the heart of South Beach, 1021 Michigan offers a prestigious address within mere steps of the lush oasis of Flamingo Park & Pool, the Beach, and the vibrant energy of Lincoln Rd. Mall. With world-class dining, entertainment, and a tenant already in place paying $2400/mo, now is the time seize this exclusive opportunity!

Details

Property type

Condominium

Est. home value

$290,434

Lot size

Unknown

Price per sq ft

$500

Year built

1965

Annual property taxes

$3,578

Monthly HOA fee

$625

Price History

02/19/2024
SEF

SEF #A11535557

Listed
$320,000
+71.12%
07/26/2018
SEF

SEF #A10483012

Sold
$187,000
-1.64%
10/01/2015
SEF

SEF #A2132187

Sold
$190,120

Schools & Community

Neighborhood: 

Flamingo Lummus

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Miami Beach

Seller’s Loan History

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

Lender

United Wholesale Mortgage

Loan start date

January 2022

Original loan amount

$168,000

Est. remaining balance

$157,943

Interest rate

3.1%

Loan type

New Conventional, 30 year

Seller

Patricia Pulido Moyano

Lender

United Wholesale Mortgage

Loan start date

January 2022

Original loan amount

$168,000

Est. remaining balance

$157,943

Interest rate

3.1%

Loan type

New Conventional, 30 year

Seller

Patricia Pulido Moyano

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?

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Status: Active

Tomo last checked: 12/25/2024 at 2:00 PM

Listing updated: 09/30/2024 at 5:39 PM

Listed by: Ramon Lopez, ASLO Real Estate Phone #: (305) 814-6632

MLS: SEF #A11535557

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