tomo logo

$1,690,000

Beds
5
Baths
4.0
sq ft
3,091

16400 SW 173rd Ave, Miami, FL 33187

16400 SW 173rd Ave

Miami, FL 33187

  • <1 day on market
Location, location, live like a millionaire, spacious and beautiful house located in the sought-after and elegant Redlands with a 1.60 acre with many fruit trees mango, guava, mamoncillo, longyan, avocado, soursop with stables for 6 horses, it has 5 bedrooms and 4 bathrooms in addition to a beautiful central pool surrounded by the privacy of the house and with expensive marble floors (travertine), investors welcome, it has 6 apartments under construction that will generate $9,000 dollars per month, and if you do not want to live there, you can rent it for $16,000 dollars per month, generating $25,000 dollars per month, do not miss this unique opportunity.

Details

Property type

Single Family Residence

Est. home value

$1,563,283

Lot size

1.5 acres

Price per sq ft

$547

Year built

1973

Annual property taxes

$7,506

Price History

01/21/2025
SEF

SEF #A11672029

Removed
$1,899,000
+12.37%
01/21/2025
SEF

SEF #A11729184

Listed
$1,690,000
-11.01%
12/13/2024
SEF

SEF #A11672029

Price change
$1,899,000
-5%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated, Park, Street Lights

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

Primary Residential Mortgage Inc

Loan start date

February 2010

Original loan amount

$256,918

Est. remaining balance

$175,472

Interest rate

5.05%

Loan type

FHA, 30 year

Seller

Thelma Garcia and Adrian Garcia

Lender

Primary Residential Mortgage Inc

Loan start date

February 2010

Original loan amount

$256,918

Est. remaining balance

$175,472

Interest rate

5.05%

Loan type

FHA, 30 year

Seller

Thelma Garcia and Adrian Garcia

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: 01/21/2025 at 11:35 PM

Listing updated: 01/21/2025 at 7:50 PM

Listed by: Carlos Diaz Valladares, Yaffe International Realty Phone #: (305) 741-0002

MLS: SEF #A11729184

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