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$495,000

Beds
1
Baths
1.0
sq ft
825

1200 Brickell Bay Dr Unit 1721, Miami, FL 33131

1200 Brickell Bay Dr Unit 1721

Miami, FL 33131

  • 33 days on market
Exquisite 1/1 condo located in the heart of Brickell, Downtown Miami. This elegant residence features LVT floors and granite counters. Embrace the embodiment of urban luxurious life style with breathtaking city views and modern amenities. Immerse yourself in the vibrant culture of Brickell, its metropolis, joy, comfort and convenience of this exclusive condominium. This condo offers Great Amenities; gym, pool, game room, recreation room, buisness center, valet, 24/7 front desk and security. This condo can be your vacation home while generating revenue, daily rentals are allowed (Airbnb). Investors: In 2023 this Unit generated over $65K in Gross Rental Revenue. Sales Reports and projected rental revenue report in attachments.

Details

Property type

Condominium

Est. home value

$528,838

Lot size

Unknown

Price per sq ft

$600

Year built

2004

Annual property taxes

$6,228

Monthly HOA fee

$700

Price History

06/03/2024
SEF

SEF #A11599561

Listed
$495,000
+110.64%
08/30/2019
SEF

SEF #A10689938

Sold
$235,000

Schools & Community

Neighborhood: 

Brickell

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

Firstbank Puerto Rico

Loan start date

August 2019

Original loan amount

$211,500

Est. remaining balance

$191,217

Interest rate

3.73%

Loan type

New Conventional, 30 year

Seller

Erlin Cardosa

Lender

Firstbank Puerto Rico

Loan start date

August 2019

Original loan amount

$211,500

Est. remaining balance

$191,217

Interest rate

3.73%

Loan type

New Conventional, 30 year

Seller

Erlin Cardosa

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: 07/06/2024 at 12:45 AM

Listing updated: 06/03/2024 at 9:38 PM

Listed by: Mauricio Romero, London Foster Realty Phone #: (305) 514-0100

MLS: SEF #A11599561

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