tomo logo

$259,999

Beds
2
Baths
1.0
sq ft
612

1940 SW 4th St Unit 8, Miami, FL 33135

1940 SW 4th St Unit 8

Miami, FL 33135

  • 42 days on market
Prime investment opportunity in this Little Havana boutique building! With only 8 units, enjoy low maintenance fees ($230/mo) and extremely low property taxes ($320/year). This corner second-floor unit features an open layout with a living/dining area, an updated kitchen with newer appliances, beautiful terrazzo flooring, full-size washer and dryer, newer central A/C, and two spacious bedrooms with large windows for ample natural light. Additional highlights include a new tankless water heater, a large north-facing balcony with street views, and assigned parking with plenty of street parking available. Easy to show with notice—contact L/A for details. Checked with association and they have reserves

Details

Property type

Condominium

Est. home value

$228,995

Lot size

Unknown

Price per sq ft

$425

Year built

1970

Annual property taxes

$333

Monthly HOA fee

$230

Price History

10/09/2024
SEF

SEF #A11673206

Listed
$259,999

Schools & Community

Neighborhood: 

Little Havana

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Number of units in community: 

8

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

Wells Fargo Bank Na

Loan start date

November 2010

Original loan amount

$140,664

Est. remaining balance

$96,721

Interest rate

4.27%

Loan type

FHA, 30 year

Seller

Lazaro Perez and Eraclia Hernandez

Lender

Wells Fargo Bank Na

Loan start date

November 2010

Original loan amount

$140,664

Est. remaining balance

$96,721

Interest rate

4.27%

Loan type

FHA, 30 year

Seller

Lazaro Perez and Eraclia Hernandez

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: 11/19/2024 at 8:40 PM

Listing updated: 10/29/2024 at 1:25 PM

Listed by: Miguel Solis, Douglas Elliman Phone #: (305) 695-6060

MLS: SEF #A11673206

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