tomo logo

$1,699,000

Beds
6
Baths
4.0
sq ft
3,002

1059 NE 88th St, Miami, FL 33138

1059 NE 88th St

Miami, FL 33138

  • 1 day on market
    • Open house Jan 26
**THIS HOUSE IS A TREASURE!** ORIGINALLY CUSTOM-BUILT IN 1941, IT HAS BEEN THOUGHTFULLY REMODELED TO MEET THE MOST DISCERNING TASTES. THIS UNIQUE PROPERTY FEATURES A SPACIOUS MAIN HOUSE W 4 BEDROOMS AND 2 BATHS, PLUS A CHARMING, STAND-ALONE 2-STORY COTTAGE LOCATED SEPARATE FROM THE MAIN HOUSE IN THE BACK. THE COTTAGE INCLUDES TWO DISTINCT 1-BEDROOM, 1-BATH APARTMENTS—ONE ON EACH LEVEL-- BOTH MAIN HOME & COTTAGE ARE COMPLETELY UPDATED W. MARBLE & S/STEEL GOURMET KITCHENS, HIGH IMPACT WINDOWS & DOORS. THIS PROPERTY IS PERFECT FOR EXTENDED FAMILY, GUESTS, OR RENTAL INCOME OPPORTUNITIES. ALL LOCATED IN A QUIET, RESIDENTIAL NEIGHBORHOOD. BY APPOINTMENT ONLY, MIN 24 HOUR ADVANCE NOTICE. LONG CLOSING PREFERRED.

Details

Property type

Single Family Residence

Est. home value

$1,533,992

Lot size

6,215 sq ft

Price per sq ft

$566

Year built

1941

Annual property taxes

$9,477

Price History

01/24/2025
SEF

SEF #A11731287

Listed
$1,699,000
+78.84%
12/21/2020
SEF

SEF #A10927606

Sold
$950,000
+39.09%
03/01/2019
SEF

SEF #A10361295

Sold
$683,000

Schools & Community

Elementary school: 

Miller; Phyllis R

Middle school: 

Horace Mann

High school: 

Miami Edison

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

Newmeyer Mortgage Services Inc

Loan start date

December 2020

Original loan amount

$760,000

Est. remaining balance

$689,825

Interest rate

2.78%

Loan type

New Conventional, 30 year

Seller

Ramses Herrera

Lender

Newmeyer Mortgage Services Inc

Loan start date

December 2020

Original loan amount

$760,000

Est. remaining balance

$689,825

Interest rate

2.78%

Loan type

New Conventional, 30 year

Seller

Ramses Herrera

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: 01/26/2025 at 7:35 AM

Listing updated: 01/25/2025 at 3:05 PM

Listed by: Maria C. Mayoral, Luxe Properties Phone #: (305) 809-7650

MLS: SEF #A11731287

SEF logo

Recently listed in Miami

$545,000|3 bd|1.0 ba|House
$1,925,000|5 bd|5.5 ba|House
$395,000|2 bd|2.0 ba|Townhouse
$675,000|3 bd|3.0 ba|House
$799,900|4 bd|2.0 ba|House
$754,900|4 bd|3.0 ba|House
$520,000|3 bd|2.0 ba|House

Explore top cities in Florida