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$200,000

Beds
1
Baths
1.0
sq ft
428

1555 Pennsylvania Ave Unit 105, Miami Beach, FL 33139

1555 Pennsylvania Ave Unit 105

Miami Beach, FL 33139

  • 171 days on market
Sizzling South Beach Gem! Step into the heart of South Beach with this sleek, 1-bdrm, 1-bath condo that is priced to sell. Just a beat away from the vibrant energy of Lincoln Rd, Espanola Way and Flamingo Park, it’s also only three blocks from the beach! The unit boasts hardwood floors that echo with character, central air, and a gas stove that awaits your culinary adventures. With a laundry room on site, this building understands your lifestyle. Whether you’re a first-time buyer seeking a chic sanctuary to call home, eyeing a weekend getaway, or an investor looking to build your rental portfolio, this condo is your ticket to South Beach living. With ample Zone 2 street parking and monthly fees that smartly cover full reserves, this opportunity is as sound as it is stylish.

Details

Property type

Condominium

Est. home value

$216,669

Lot size

Unknown

Price per sq ft

$468

Year built

1947

Annual property taxes

$2,774

Monthly HOA fee

$725

Price History

06/29/2024
SEF

SEF #A11514273

Price change
$200,000
+2.56%
06/25/2024
SEF

SEF #A11514273

Price change
$195,000
+2.63%
06/06/2024
SEF

SEF #A11514273

Price change
$190,000
-2.56%

Schools & Community

Neighborhood: 

Flamingo Lummus

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Number of units in community: 

20

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$128,912
Asking price
$200,000
Closing costs (~8% of asking)
-$16,000
Est. remaining loan balance
-$55,088
Cash to seller
$128,912

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Chase Manhattan Mortgage Corp

Loan start date

May 2004

Original loan amount

$104,000

Est. remaining balance

$55,088

Interest rate

5.79%

Loan type

Not Provided, 30 year

Seller

Charles N Belk Ii

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: 07/04/2024 at 9:50 PM

Listing updated: 06/29/2024 at 4:23 PM

Listed by: Eleonora De Palma, The Keyes Company Phone #: (305) 531-5803

MLS: SEF #A11514273

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