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$305,000

Beds
1
Baths
1.0
sq ft
460

1618 Michigan Ave Unit 26, Miami Beach, FL 33139

1618 Michigan Ave Unit 26

Miami Beach, FL 33139

  • 71 days on market
    • Price drop $30,000↓
Beautifully remodeled European style, one bedroom one bath apartment, SS Appliances, granite counter tops, Marble floors .Amazing location in the heart of South Beach, next to Lincoln Rd shops, restaurants, clubs, supermarkets. Walking distance to the Beach Property has a tenant we need 24 hours notice to show it. Condo offers great Financials, Buy with a Small Down Payment. Prefered Lender Rapid Rate Mortgage. Stop Renting Buy now

Details

Property type

Condominium

Est. home value

$228,139

Lot size

Unknown

Price per sq ft

$664

Year built

1925

Annual property taxes

$3,009

Monthly HOA fee

$465

Price History

12/01/2024
SEF

SEF #A11675733

Price change
$305,000
-8.96%
10/15/2024
SEF

SEF #A11675733

Price change
$335,000
-4.29%
10/14/2024
SEF

SEF #A11675733

Listed
$350,000
+173.44%

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

David Whitney Lay Revocable Family Trust

Loan start date

August 2020

Original loan amount

$249,344

Est. remaining balance

$207,995

Interest rate

3.21%

Loan type

New Conventional, 20 year

Seller

Aroza Homes Llc

Lender

David Whitney Lay Revocable Family Trust

Loan start date

August 2020

Original loan amount

$249,344

Est. remaining balance

$207,995

Interest rate

3.21%

Loan type

New Conventional, 20 year

Seller

Aroza Homes Llc

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: 12/25/2024 at 2:00 AM

Listing updated: 11/30/2024 at 9:40 PM

Listed by: Veronica Cornejo, Cornejo Group LLC Phone #: (786) 343-3111

MLS: SEF #A11675733

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