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$1,825,000

Beds
6
Baths
3.0
sq ft
2,431

11975 W Biscayne Canal Rd, Miami, FL 33161

11975 W Biscayne Canal Rd

Miami, FL 33161

  • 90 days on market
    • Price drop $150,000↓
Introducing an exceptional opportunity for both homeowners and investors alike! This waterfront retreat offers versatility as a move-in ready residence or a fully licensed short-term rental property. With 6 bedrooms and 3 bathrooms, it's perfect for hosting guests or enjoying ample space for yourself. Inside, an open floor plan and spacious living areas make entertaining effortless, while abundant natural light and impact windows create a welcoming atmosphere. Outside, a large backyard boasts a patio deck, BBQ area, and plunge pool overlooking serene canal views, providing an oasis for relaxation and gatherings. Whether you're seeking a comfortable home or a savvy investment, this property ticks all the boxes.

Details

Property type

Single Family Residence

Est. home value

$1,875,691

Lot size

9,600 sq ft

Price per sq ft

$751

Year built

1956

Annual property taxes

$4,507

Price History

07/08/2024
SEF

SEF #A11572268

Price change
$1,825,000
-7.59%
06/14/2024
SEF

SEF #A11572268

Price change
$1,975,000
-2.47%
05/23/2024
SEF

SEF #A11572268

Price change
$2,025,000
-1.22%

Schools & Community

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

Homexpress Mortgage Corp

Loan start date

March 2023

Original loan amount

$1,124,700

Est. remaining balance

$1,107,688

Interest rate

6.12%

Loan type

New Conventional, 30 year

Seller

Geovaliant Restoration Llc

Lender

Homexpress Mortgage Corp

Loan start date

March 2023

Original loan amount

$1,124,700

Est. remaining balance

$1,107,688

Interest rate

6.12%

Loan type

New Conventional, 30 year

Seller

Geovaliant Restoration Llc

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: 07/16/2024 at 10:25 PM

Listing updated: 07/08/2024 at 4:34 PM

Listed by: George Burns, One Sotheby's International Re Phone #: (305) 538-9711

MLS: SEF #A11572268

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