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$399,000

Beds
2
Baths
1.0
sq ft
702

1550 NE 151st Ter, North Miami Beach, FL 33162

1550 NE 151st Ter

North Miami Beach, FL 33162

  • 109 days on market
    • Price drop $6,000↓
Great investment, Reduced to sell fast!This charming, Rented for 2400$ a month until jan 2025 is Nestled on a spacious 5,000 sqft lot, this cozy 2-bedroom, 1-bath home offers privacy with a bamboo-fenced yard, making it a true retreat. The lot is ideal for expanding, parking area provides ample space for a trailer, boat, or motorhome—perfect for extra income .The home features a beautifully oak kitchen, complete with a door leading to laundry room and a large storage shed, shaded by a majestic avocado tree. Just east of I-95, minutes from the beach, shopping centers, excellent schools, and more. Set in a neighborhood that’s thriving and evolving, this property is not just a home but a lifestyle opportunity—a hidden Shangri-La in the heart of it all!

Details

Property type

Single Family Residence

Est. home value

$370,134

Lot size

5,000 sq ft

Price per sq ft

$569

Year built

1953

Annual property taxes

$4,151

Price History

02/12/2025
SEF

SEF #A11688026

Price change
$399,000
-1.48%
01/26/2025
SEF

SEF #A11688026

Price change
$405,000
-3.34%
01/22/2025
SEF

SEF #A11688026

Price change
$419,000
-3.46%

Schools & Community

Neighborhood: 

Washington Park

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

United Wholesale Mortgage

Loan start date

January 2022

Original loan amount

$260,770

Est. remaining balance

$243,741

Interest rate

3.11%

Loan type

New Conventional, 30 year

Seller

Victor Silva

Lender

United Wholesale Mortgage

Loan start date

January 2022

Original loan amount

$260,770

Est. remaining balance

$243,741

Interest rate

3.11%

Loan type

New Conventional, 30 year

Seller

Victor Silva

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: 02/22/2025 at 10:55 PM

Listing updated: 02/12/2025 at 12:55 PM

Listed by: Carolina Bustillos, Miami Zyr Realty Inc Phone #: (786) 317-7442

MLS: SEF #A11688026

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