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$295,000

Beds
1
Baths
1.0
sq ft
767

1519 Drexel Ave Unit 202, Miami Beach, FL 33139

1519 Drexel Ave Unit 202

Miami Beach, FL 33139

  • <1 day on market
GREAT INVESTMENT! Super spacious 1 Bedroom 1 bathroom apartment full of natural light. Large eat in kitchen with lots of cabinet space, large master bedroom, bathroom with double sink, Ceramic tile floors. The building is secured, and the unit comes with an assigned covered parking space and additional storage space. Short walk to the beach, restaurants, Espanola Way, Lincoln Road and Flamingo Park. Don't miss this opportunity to experience the South Beach lifestyle! do not miss this opportunity. Property is Tenant occupied paying 2400 as of December 2024.

Details

Property type

Condominium

Est. home value

$308,275

Lot size

Unknown

Price per sq ft

$385

Year built

1970

Annual property taxes

$3,701

Monthly HOA fee

$500

Price History

01/23/2025
SEF

SEF #A11730541

Price change
$295,000
+99900%
01/23/2025
SEF

SEF #A11730541

Listed
$295
-99.9%
03/26/2024
SEF

SEF #A11479764

Removed
$309,000

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

Point Mortgage Corp

Loan start date

December 2020

Original loan amount

$172,500

Est. remaining balance

$157,055

Interest rate

2.84%

Loan type

New Conventional, 30 year

Seller

Gerardo Vallejo and Alexandre Heinen

Lender

Colonial Bank

Loan start date

May 2003

Original loan amount

$130,150

Est. remaining balance

$61,125

Interest rate

5.85%

Loan type

Not Provided, 30 year

Seller

Gerardo Vallejo

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: 01/23/2025 at 5:30 PM

Listing updated: 01/23/2025 at 1:05 PM

Listed by: Deborah Marrero, DMC Universal Realty, Inc Phone #: (954) 430-7343

MLS: SEF #A11730541

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