tomo logo

$1,300,000

Beds
Unknown
sq ft
3,660

120 NE 42nd St, Miami, FL 33137

120 NE 42nd St

Miami, FL 33137

  • 557 days on market
    • Price drop $100,000↓
Build your dream in the heart of Miami's design district! Plans are drawn to build a single family home of 3,660 sq/ft under air within steps from luxury boutiques, world class dining and first class museums. Home features can include by right indoor two car garage, swimming pool and large outdoor terrace. Architectural plans included in sale. Price is for land only.

Details

Property type

Single Family Residence

Est. home value

$1,628,210

Property condition

New Construction

Lot size

6,000 sq ft

Price per sq ft

$356

Year built

2023

Annual property taxes

$7,603

Price History

07/19/2024
Beaches

Beaches #R10888110

Price change
$1,300,000
-7.14%
05/23/2024
Beaches

Beaches #R10888110

Listed
$1,400,000
05/07/2024
Beaches

Beaches #R10888110

Removed
$1,400,000

Schools & Community

Neighborhood: 

Little Haiti

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

Barry Schnittman

Loan start date

January 2022

Original loan amount

$1,000,000

Est. remaining balance

Not provided

Interest rate

3.1%

Loan type

Future Advance Clause / Open End Mortgage

Seller

Pelican Investment Group Llc

Lender

Barry Schnittman

Loan start date

January 2022

Original loan amount

$1,000,000

Est. remaining balance

Not provided

Interest rate

3.1%

Loan type

Future Advance Clause / Open End Mortgage

Seller

Pelican Investment Group 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: 11/14/2024 at 11:25 AM

Listing updated: 10/01/2024 at 7:05 PM

Listed by: Christopher S Nicotra, Ocean Delray Real Estate Phone #: (561) 301-7400

MLS: Beaches #R10888110

Beaches logo

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