tomo logo

$3,050,000

Beds
8
Baths
8.5
sq ft
4,691

1061 NW North River Dr, Miami, FL 33136

1061 NW North River Dr

Miami, FL 33136

  • 102 days on market
    • Price drop $150,000↓
Rarely available home in Miami River's historic Spring Garden community. The home features an open layout, perfect for entertainment. With its 15-foot ceilings and exposed beams, the chef's kitchen creates a modern industrial vibe, while honed marble floors add elegance to the seamless layout. Enjoy alfresco dining on the covered terrace overlooking the sparkling pool. Additional highlights include a gym and a private guesthouse with its own bedroom, bathroom, kitchen, and entrance. Perfect for daily living and stylish entertaining, indoors or outdoors, this home is ideally situated on the Miami River in the charming Spring Garden neighborhood.

Details

Property type

Single Family Residence

Est. home value

$2,868,070

Property condition

Updated/Remodeled

Lot size

0.31 acres

Price per sq ft

$651

Year built

1976

Annual property taxes

$42,546

Price History

12/03/2024
SEF

SEF #A11659016

Price change
$3,050,000
-4.69%
09/26/2024
SEF

SEF #A11659016

Price change
$3,200,000
-5.88%
09/20/2024
SEF

SEF #A11659016

Listed
$3,400,000
+39.29%

Schools & Community

Neighborhood: 

Overtown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

Castle Mortgage Corp

Loan start date

October 2022

Original loan amount

$1,830,750

Est. remaining balance

$1,780,463

Interest rate

6.02%

Loan type

New Conventional, 30 year

Seller

Jej Acquisitions 1061 Nw North River Dr

Lender

Castle Mortgage Corp

Loan start date

October 2022

Original loan amount

$1,830,750

Est. remaining balance

$1,780,463

Interest rate

6.02%

Loan type

New Conventional, 30 year

Seller

Jej Acquisitions 1061 Nw North River Dr

Lender

Amres Corporation

Loan start date

April 2022

Original loan amount

$1,499,999

Est. remaining balance

Not provided

Interest rate

3.92%

Loan type

Commercial, 40 year

Seller

Jej Acquisitions 1061 Nw North River Dr

Lender

Amres Corporation

Loan start date

April 2022

Original loan amount

$1,499,999

Est. remaining balance

Not provided

Interest rate

3.92%

Loan type

Commercial, 40 year

Seller

Jej Acquisitions 1061 Nw North River Dr

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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SEF
$2,800,000
3 bd
|
3 ba
|
Condo

555 N Miami Ave Unit 6105, Miami, FL 33136

Status: Active

Tomo last checked: 12/31/2024 at 4:20 AM

Listing updated: 12/11/2024 at 12:40 PM

Listed by: Michael Martirena, Compass Florida, LLC. Phone #: (305) 851-2820

MLS: SEF #A11659016

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