tomo logo

$590,000

Beds
3
Baths
2.0
sq ft
1,273

1201 NW 87th St, Miami, FL 33147

1201 NW 87th St

Miami, FL 33147

  • 350 days on market
    • Price drop $15,000↓
Welcome to this inviting and well-maintained single-family home, boasting 2 bedrooms and 1 bathrooms plus and fully equipped apartment. This property offers a perfect blend of comfort and functionality. convenient access to schools, parks, shopping centers, and major transportation routes. Its prime location attracts a steady demand from potential tenants or homebuyers, making it an excellent addition to your investment portfolio. investment opportunity with potential for steady rental income and property value appreciation. Its location, features, and rental market demand make it an attractive option for both new and experienced investors seeking a valuable addition to your portfolio. The actual living space in the property is 1,750 Sq ft under A/C.

Details

Property type

Single Family Residence

Est. home value

$637,647

Lot size

9,261 sq ft

Price per sq ft

$464

Year built

1957

Annual property taxes

$4,046

Price History

01/22/2024
SEF

SEF #A11423235

Price change
$590,000
-2.48%
07/21/2023
SEF

SEF #A11423235

Listed
$605,000
+63.51%
08/31/2022
SEF

SEF #A11238928

Sold
$370,000

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

First Citizens Bank & Trust Co

Loan start date

January 2023

Original loan amount

$2,040,000

Est. remaining balance

Not provided

Interest rate

6.31%

Loan type

Commercial

Seller

Occam Realty Partners Llc

Lender

First Citizens Bank & Trust Co

Loan start date

January 2023

Original loan amount

$2,040,000

Est. remaining balance

Not provided

Interest rate

6.31%

Loan type

Commercial

Seller

Occam Realty Partners 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?

Similar Homes Nearby

SEF
$525,000
3 bd
|
2 ba
|
1,353 sq ft
|
House

9540 NW 29th Ave, Miami, FL 33147

SEF
$517,000
3 bd
|
2 ba
|
1,147 sq ft
|
House

1755 NW 83rd St, Miami, FL 33147

SEF
$570,000
3 bd
|
2 ba
|
1,412 sq ft
|
House

335 NW 102nd St, Miami, FL 33150

Status: Active

Tomo last checked: 07/04/2024 at 11:10 PM

Listing updated: 07/03/2024 at 2:19 PM

Listed by: Maricel Quintero, Grand Lion Real Estate Group LLC Phone #: (305) 766-5979

MLS: SEF #A11423235

SEF logo

Recently listed in Miami

$449,000|3 bd|2.0 ba|House
$9,000,000|5 bd|6.0 ba|House
$1,450,000|3 bd|3.0 ba|House
$1,299,000|5 bd|4.0 ba|House
$1,100,000|6 bd|4.0 ba|House
$1,399,000|5 bd|4.0 ba|House