tomo logo

$2,675,000

Beds
4
Baths
4.0
sq ft
2,531

1960 NE 124th St, North Miami, FL 33181

1960 NE 124th St

North Miami, FL 33181

  • 123 days on market
    • Price drop $124,000↓
EASY SAME DAY SHOWING Boater's Paradise! A modern oasis, perfect for those seeking a high-end waterfront lifestyle. This exclusive home is situated on a 11,250 sf lot w/75 ft of frontage ideal for boating enthusiasts. Impact windows, doors & metal roof contribute to extra security and safety. Elegant interiors have been upgraded w/ marble floors, creating a stylish & sophisticated living space. Open & sun-filled living areas are designed for entertaining. French doors seamlessly connect indoor & outdoor spaces. Custom kitchen is open & includes an island, stone countertops, & top-of-the-line appliances, catering to modern living. Over-sized pool, fountains, tiled walkways, decorative rock landscaping, & boat dock on a wide canal, short distance to bay. July BONUS Call for details!

Details

Property type

Single Family Residence

Est. home value

$1,990,784

Lot size

0.26 acres

Price per sq ft

$1,057

Year built

1953

Annual property taxes

$20,645

Price History

06/11/2024
SEF

SEF #A11542371

Price change
$2,675,000
-4.43%
05/31/2024
SEF

SEF #A11542371

Price change
$2,799,000
-1.79%
05/16/2024
SEF

SEF #A11542371

Listed
$2,850,000

Schools & Community

Elementary school: 

David Lawrence Jr K-8

Middle school: 

Unknown

High school: 

Alonzo and Tracy Mourning Sr. High

Community features: 

Gated

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

Hometap Investment Partners Iii Spv Llc

Loan start date

October 2021

Original loan amount

$300,000

Est. remaining balance

Not provided

Interest rate

2.87%

Loan type

Not Provided

Seller

Michael L Palma and Idrissa Catherine Palma

Lender

Hometap Investment Partners Iii Spv Llc

Loan start date

October 2021

Original loan amount

$300,000

Est. remaining balance

Not provided

Interest rate

2.87%

Loan type

Not Provided

Seller

Michael L Palma and Idrissa Catherine Palma

Lender

Cardinal Financial Company Lp

Loan start date

January 2020

Original loan amount

$692,500

Est. remaining balance

$631,643

Interest rate

3.66%

Loan type

New Conventional, 30 year

Seller

Michael L Palma and Idrissa Catherine Palma

Lender

Cardinal Financial Company Lp

Loan start date

January 2020

Original loan amount

$692,500

Est. remaining balance

$631,643

Interest rate

3.66%

Loan type

New Conventional, 30 year

Seller

Michael L Palma and Idrissa Catherine Palma

Lender

Citibank Na

Loan start date

November 2018

Original loan amount

$453,100

Est. remaining balance

$408,782

Interest rate

4.65%

Loan type

New Conventional, 30 year

Seller

Michael L Palma and Idrissa Catherine Palma

Lender

Citibank Na

Loan start date

November 2018

Original loan amount

$453,100

Est. remaining balance

$408,782

Interest rate

4.65%

Loan type

New Conventional, 30 year

Seller

Michael L Palma and Idrissa Catherine Palma

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?

Similar Homes Nearby

SEF
$2,975,000
4 bd
|
4 ba
|
2,779 sq ft
|
House

13000 Coronado Dr, North Miami, FL 33181

SEF
$2,940,000
4 bd
|
2 ba
|
2,334 sq ft
|
House

13000 Coronado Ln, North Miami, FL 33181

Price drop
SEF
$2,900,000
4 bd
|
3 ba
|
3,349 sq ft
|
House

2275 NE 120th St, North Miami, FL 33181

Status: Active

Tomo last checked: 07/02/2024 at 7:50 PM

Listing updated: 07/01/2024 at 4:54 PM

Listed by: Nariman Daruvalla, Sky Avenue Realty Phone #: (786) 325-7536

MLS: SEF #A11542371

SEF logo