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$22,950,000

Beds
3
Baths
3.0
sq ft
2,458

124 11th St, Miami Beach, FL 33139

124 11th St

Miami Beach, FL 33139

  • 147 days on market
Attention Trophy Property Buyers, now is your opportunity to purchase or rent THE ONLY freestanding residence on the iconic art deco South Beach promenade. This residence was one of the first homes ever built on South Beach. 50FT from Versace Mansion, 200 feet from South Beach & Ocean Drive. This is THE ONLY free standing single-family, 3 story mansion left to acquire that allows both residential & mixed-use commercial. Originally, there were 2 residences that could claim this title, Gianni Versace’s mansion residence & 124 11th St., however after Mr. Versace’s death, his residence was transformed into a hotel and restaurant. With direct access through two secure gates & a private elevator.

Details

Property type

Single Family Residence

Est. home value

$3,359,980

Property condition

New Construction

Lot size

1,300 sq ft

Price per sq ft

$9,337

Year built

1920

Annual property taxes

$37,016

Price History

02/09/2024
Beaches

Beaches #F10424454

Listed
$22,950,000
+856.25%
04/12/2021
SEF

SEF #A10889664

Sold
$2,400,000

Schools & Community

Neighborhood: 

Flamingo Lummus

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Restaurant, Street Lights

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

Fundloans Capital

Loan start date

April 2021

Original loan amount

$1,800,000

Est. remaining balance

$1,673,351

Interest rate

2.81%

Loan type

New Conventional, 30 year

Seller

Austin George

Lender

Fundloans Capital

Loan start date

April 2021

Original loan amount

$1,800,000

Est. remaining balance

$1,673,351

Interest rate

2.81%

Loan type

New Conventional, 30 year

Seller

Austin George

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: 07/04/2024 at 11:10 PM

Listing updated: 06/28/2024 at 8:43 AM

Listed by: Kacie Marie Anderson, EXP Realty Phone #: (443) 340-2200

MLS: Beaches #F10424454

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