tomo logo

$524,900

Beds
2
Baths
2.0
sq ft
952

1218 Drexel Ave Unit 208, Miami Beach, FL 33139

1218 Drexel Ave Unit 208

Miami Beach, FL 33139

  • 32 days on market
Experience modern luxury in the heart of Miami Beach with this majority renovated 2 bedroom, 2 bathroom home spanning 952 sq ft. Enjoy the sleek look of brand new luxury vinyl floors, fresh paint, and recessed lighting throughout. The kitchen is equipped with stainless steel appliances, while comfort is ensured with a brand new AC unit and electrical panel. A unique spiral staircase adds character to this stylish property, which also includes a convenient parking spot.

Details

Property type

Condominium

Est. home value

$453,150

Lot size

Unknown

Price per sq ft

$552

Year built

1925

Annual property taxes

$5,825

Monthly HOA fee

$512

Price History

06/03/2024
SEF

SEF #A11600006

Listed
$524,900
+43.81%
02/28/2022
SEF

SEF #A11128500

Sold
$365,000

Schools & Community

Neighborhood: 

Flamingo Lummus

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

Lower Llc

Loan start date

November 2022

Original loan amount

$315,000

Est. remaining balance

$309,485

Interest rate

6.66%

Loan type

New Conventional, 30 year

Seller

Austin J Igein

Lender

Lower Llc

Loan start date

November 2022

Original loan amount

$315,000

Est. remaining balance

$309,485

Interest rate

6.66%

Loan type

New Conventional, 30 year

Seller

Austin J Igein

Lender

Lower Llc

Loan start date

November 2022

Original loan amount

$84,000

Est. remaining balance

Not provided

Interest rate

5.3%

Loan type

Credit Line (Revolving), 30 year

Seller

Austin J Igein

Lender

Lower Llc

Loan start date

November 2022

Original loan amount

$84,000

Est. remaining balance

Not provided

Interest rate

5.3%

Loan type

Credit Line (Revolving), 30 year

Seller

Austin J Igein

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: 07/05/2024 at 12:20 AM

Listing updated: 06/03/2024 at 9:04 PM

Listed by: Luis Ruiz, EXP Realty, LLC Phone #: (786) 250-4270

MLS: SEF #A11600006

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