tomo logo

$560,900

Beds
5
Baths
3.0
sq ft
1,776

1840 NW 87th St, Miami, FL 33147

1840 NW 87th St

Miami, FL 33147

  • 363 days on market
    • Price drop $5,000↓
This owner-motivated property presents an exceptional opportunity, able to generate a substantial monthly income with separate entrances, featuring 5 bedrooms and 3 full bathrooms, 2 full kitchens, including a workable layout. This expansive residence offers versatility and potential. More than 2000 square-foot patio provides outdoor living space for everyone to enjoy. Situated on a vast lot of over 6000 square feet and recently upgraded, this property promises a solid investment offering flexibility and stability.

Details

Property type

Single Family Residence

Est. home value

$572,370

Property condition

Updated/Remodeled

Lot size

6,232 sq ft

Price per sq ft

$316

Year built

1947

Annual property taxes

$3,799

Price History

05/29/2024
SEF

SEF #A11456926

Price change
$560,900
-0.88%
03/14/2024
SEF

SEF #A11456926

Price change
$565,900
-1.57%
02/22/2024
SEF

SEF #A11456926

Price change
$574,900
+2.84%

Schools & Community

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

1St Financial Inc

Loan start date

June 2022

Original loan amount

$422,750

Est. remaining balance

$408,541

Interest rate

5.11%

Loan type

New Conventional, 30 year

Seller

Abel Simon Reyes and Lissette Martinez Villafranca

Lender

1St Financial Inc

Loan start date

June 2022

Original loan amount

$422,750

Est. remaining balance

$408,541

Interest rate

5.11%

Loan type

New Conventional, 30 year

Seller

Abel Simon Reyes and Lissette Martinez Villafranca

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: 09/17/2024 at 11:05 PM

Listing updated: 08/14/2024 at 3:27 PM

Listed by: Claudia Cambero PA, BHHS EWM Realty Phone #: (305) 937-2003

MLS: SEF #A11456926

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