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$312,500

Beds
2
Baths
2.0
sq ft
629

1218 Drexel Ave Unit 304, Miami Beach, FL 33139

1218 Drexel Ave Unit 304

Miami Beach, FL 33139

  • 97 days on market
    • Price drop $7,500↓
Discover the charm of Miami Beach in this cozy 2-bedroom, 2-bathroom walk-up apartment nestled within the historic 1218 Drexel Ave. Just two blocks from the ocean, this inviting space blends modern comfort with timeless elegance, featuring tall ceilings, natural light, and a fully equipped kitchen. Enjoy the convenience of nearby shops, cafes, and the vibrant Miami Beach lifestyle. Ideal for those seeking a blend of city living and beachside relaxation. Make this your perfect Miami Beach hideaway.

Details

Property type

Condominium

Est. home value

$298,371

Lot size

Unknown

Price per sq ft

$497

Year built

1925

Annual property taxes

$3,571

Monthly HOA fee

$512

Price History

06/24/2024
SEF

SEF #A11560420

Price change
$312,500
-2.34%
04/01/2024
SEF

SEF #A11560420

Listed
$320,000

Schools & Community

Neighborhood: 

Flamingo Lummus

Elementary school: 

Feinberg-Fisher K8

Middle school: 

Nautilus

High school: 

Miami Beach

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

Jpmorgan Chase Bank Na

Loan start date

August 2011

Original loan amount

$41,431

Est. remaining balance

$7,513

Interest rate

3.75%

Loan type

New Conventional, 15 year

Seller

Arlene De La Torre

Lender

Jpmorgan Chase Bank Na

Loan start date

August 2011

Original loan amount

$41,431

Est. remaining balance

$7,513

Interest rate

3.75%

Loan type

New Conventional, 15 year

Seller

Arlene De La Torre

Lender

Home Savings Of America

Loan start date

July 1997

Original loan amount

$51,200

Est. remaining balance

Not provided

Interest rate

7.91%

Loan type

New Conventional

Seller

Arlene De La Torre

Lender

Home Savings Of America

Loan start date

July 1997

Original loan amount

$51,200

Est. remaining balance

Not provided

Interest rate

7.91%

Loan type

New Conventional

Seller

Arlene De La Torre

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: 07/07/2024 at 6:55 PM

Listing updated: 07/02/2024 at 11:04 AM

Listed by: Shelton Coats, The Keyes Company Phone #: (305) 443-7423

MLS: SEF #A11560420

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