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$263,500

Beds
1
Baths
1.0
sq ft
610

1610 Michigan Ave Unit 5, Miami Beach, FL 33139

1610 Michigan Ave Unit 5

Miami Beach, FL 33139

  • 62 days on market
INVESTORS: The owner is highly motivated—make your offers! Presenting a stunning Art Deco 1/1 apartment in the heart of South Beach. This charming unit includes a living room, dining room, bathroom, multiple closets, and a kitchen. It's recently painted and professionally cleaned, steps away from Lincoln Road, offering easy access to restaurants, theaters, boutiques, and beaches. Don't miss out on this opportunity—bring your clients! The building has successfully passed its 40-year re-certification. The unit is rented until March 30th., 2025 (US$1,750.00 monthly).

Details

Property type

Condominium

Est. home value

$274,636

Lot size

Unknown

Price per sq ft

$432

Year built

1940

Annual property taxes

$3,231

Monthly HOA fee

$546

Price History

05/06/2024
SEF

SEF #A11580792

Listed
$263,500
-3.3%
03/06/2024
SEF

SEF #A11449025

Removed
$272,500
02/01/2024
SEF

SEF #A11449025

Price change
$272,500
-3.02%

Schools & Community

Neighborhood: 

Flamingo Lummus

Elementary school: 

Feinberg-Fisher K8

Middle school: 

Nautilus

High school: 

Miami Beach

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

Bankunited

Loan start date

May 1998

Original loan amount

$64,500

Est. remaining balance

Not provided

Interest rate

7.08%

Loan type

New Conventional

Seller

Angela V Benoit

Lender

Bankunited

Loan start date

May 1998

Original loan amount

$64,500

Est. remaining balance

Not provided

Interest rate

7.08%

Loan type

New Conventional

Seller

Angela V Benoit

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: 07/07/2024 at 6:20 PM

Listing updated: 06/27/2024 at 9:34 AM

Listed by: Maria Estrada, Florida Realty of Miami Corp Phone #: (305) 598-5488

MLS: SEF #A11580792

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