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$324,900

Beds
1
Baths
1.0
sq ft
540

1550 Drexel Ave Unit 108, Miami Beach, FL 33139

1550 Drexel Ave Unit 108

Miami Beach, FL 33139

  • 29 days on market
Welcome to your chic, fully furnished South Beach oasis! This stylish 1-bedroom, 1-bathroom condo blends comfort and elegance, featuring a modern kitchen with quartz countertops, a waterfall island, and updated appliances. The updated bathroom offers a modern retreat, while ambient lighting throughout sets the perfect mood for any occasion. Sunlight floods every corner, creating a warm and inviting atmosphere that you'll love coming home to. Located in the heart of South Beach, you're steps away from Lincoln Road, Espanola Way, and the beach—embrace the ultimate Miami lifestyle!

Details

Property type

Condominium

Est. home value

$296,423

Property condition

Updated/Remodeled

Lot size

Unknown

Price per sq ft

$602

Year built

1925

Annual property taxes

$4,365

Monthly HOA fee

$596

Price History

08/21/2024
SEF

SEF #A11644811

Listed
$324,900
+8.48%
11/01/2022
SEF

SEF #A11255332

Sold
$299,500
+17.45%
12/02/2021
Beaches

Beaches #R10760259

Sold
$255,000
+15.12%

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

Plaza Home Mortgage Inc

Loan start date

October 2022

Original loan amount

$174,600

Est. remaining balance

$170,583

Interest rate

6.02%

Loan type

New Conventional, 30 year

Seller

Malcolm R Gage Jr

Lender

Hometrust Bank

Loan start date

October 2022

Original loan amount

$50,000

Est. remaining balance

Not provided

Interest rate

4.93%

Loan type

Credit Line (Revolving)

Seller

Malcolm R Gage Jr

Lender

Plaza Home Mortgage Inc

Loan start date

October 2022

Original loan amount

$174,600

Est. remaining balance

$170,583

Interest rate

6.02%

Loan type

New Conventional, 30 year

Seller

Malcolm R Gage Jr

Lender

Hometrust Bank

Loan start date

October 2022

Original loan amount

$50,000

Est. remaining balance

Not provided

Interest rate

4.93%

Loan type

Credit Line (Revolving)

Seller

Malcolm R Gage Jr

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: 09/19/2024 at 5:30 PM

Listing updated: 09/16/2024 at 11:57 AM

Listed by: Bo Danos, Method Florida, LLC Phone #: (404) 585-7355

MLS: SEF #A11644811

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