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$1,395,000

Beds
3
Baths
3.0
sq ft
1,485

151 Michigan Ave Unit 522, Miami Beach, FL 33139

151 Michigan Ave Unit 522

Miami Beach, FL 33139

  • 18 days on market
Enjoy resort-style living in the highly sought-after South of 5th neighborhood with this updated 3 bed/3 bath corner residence. Features include a spacious open layout, elegant refinished Brazilian wood flooring, quartz countertops, and SS appliances in the kitchen. Custom-designed closets add a touch of luxury. High-impact sliding doors provide seamless access to the spacious open balcony where you'll enjoy partial water views. Two parking spaces and two generous storage lockers provide ample space for your belongings. The Courts offer 2 community pools, abundant recreation & fitness rooms, lush landscaping, and 24/7 security. Enjoy the ultimate convenience with easy access to sun-soaked sandy beaches, charming cafes, and vibrant dining and entertainment options.

Details

Property type

Condominium

Est. home value

$1,428,131

Lot size

Unknown

Price per sq ft

$940

Year built

2004

Annual property taxes

$18,207

Monthly HOA fee

$1,733

Price History

12/03/2024
SEF

SEF #A11702554

Listed
$1,395,000
+3.33%
05/09/2024
SEF

SEF #A11567437

Sold
$1,350,000
-1.82%
04/29/2024
SEF

SEF #A11567437

Pending
$1,375,000

Schools & Community

Neighborhood: 

South Pointe

Elementary school: 

South Pointe

Middle school: 

Nautilus

High school: 

Miami Beach

Number of units in community: 

190

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

City National Bank Of Florida

Loan start date

July 2013

Original loan amount

$200,000

Est. remaining balance

Not provided

Interest rate

2.62%

Loan type

Credit Line (Revolving)

Seller

Jose Bengoechea and Purificacion Garcia

Lender

City National Bank Of Florida

Loan start date

July 2013

Original loan amount

$200,000

Est. remaining balance

Not provided

Interest rate

2.62%

Loan type

Credit Line (Revolving)

Seller

Jose Bengoechea and Purificacion Garcia

Lender

Coastal States Mortgage Corp

Loan start date

February 2004

Original loan amount

$333,700

Est. remaining balance

Not provided

Interest rate

5.87%

Loan type

Balloon, 5 year

Seller

Jose Bengoechea and Purification Garcia

Lender

Coastal States Mortgage Corp

Loan start date

February 2004

Original loan amount

$333,700

Est. remaining balance

Not provided

Interest rate

5.87%

Loan type

Balloon, 5 year

Seller

Jose Bengoechea and Purification Garcia

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: 12/22/2024 at 11:25 AM

Listing updated: 12/21/2024 at 3:00 PM

Listed by: Colleen Holloway, One Sotheby's International Re Phone #: (305) 538-9711

MLS: SEF #A11702554

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