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$360,000

Beds
2
Baths
1.0
sq ft
691

1559 Michigan Ave Unit 303, Miami Beach, FL 33139

1559 Michigan Ave Unit 303

Miami Beach, FL 33139

  • 60 days on market
    • Price drop $10,000↓
Just a block from vibrant Lincoln Road, this renovated unit is nestled in a meticulously preserved 16-unit Art Deco building. The well-maintained property features secure entry, surveillance cameras, and funded reserves. Enjoy modern conveniences like an in-unit washer/dryer, a smart AC system (2017) controllable via mobile phone, and an equipped kitchen. Luxurious details include Silestone countertops from Cosentino, Spanish bathroom tiles with a hint of glitter, and 24-karat gold-plated towel rails and holders from THG Paris. Ample street parking is available, and you're just steps away from world-renowned beaches, top dining, and grocery stores like Whole Foods and Publix.

Details

Property type

Condominium

Est. home value

$290,383

Lot size

Unknown

Price per sq ft

$521

Year built

1925

Annual property taxes

$3,620

Monthly HOA fee

$708

Price History

12/04/2024
SEF

SEF #A11680285

Price change
$360,000
-2.7%
10/23/2024
SEF

SEF #A11680285

Listed
$370,000

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

Homecomings Financial Network Inc

Loan start date

July 2006

Original loan amount

$232,000

Est. remaining balance

Not provided

Interest rate

2%

Loan type

Negative Amortization, 30 year

Seller

Igor A Cok

Lender

Homecomings Financial Network Inc

Loan start date

July 2006

Original loan amount

$232,000

Est. remaining balance

Not provided

Interest rate

2%

Loan type

Negative Amortization, 30 year

Seller

Igor A Cok

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: 12/22/2024 at 9:40 PM

Listing updated: 12/04/2024 at 5:40 PM

Listed by: Maria Fernanda Bustamante, Trident Real Estate, Inc Phone #: (305) 535-7599

MLS: SEF #A11680285

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