tomo logo

$320,000

Beds
1
Baths
1.0
sq ft
644

224 Meridian Ave Unit 6, Miami Beach, FL 33139

224 Meridian Ave Unit 6

Miami Beach, FL 33139

  • 57 days on market
    • Price drop $19,900↓
The condo is situated in Miami-Dade County, and it's a rare find with one bedroom and one modern and fully remodeled bathroom. Located South of 5th - the most desirable neighborhood in South Beach. The condo is just a few steps from the beach, trendy restaurants, boutiques, and South Pointe Park. Additionally, the building is well-maintained, and the maintenance cost is low. The condo comes equipped with a washer and dryer, making laundry an easy task. The building offers five parking spots available on a first-come, first-served basis. Pets are allowed with a pet deposit. It is an excellent investment opportunity for seasonal or long-term renting.

Details

Property type

Condominium

Est. home value

$362,447

Lot size

Unknown

Price per sq ft

$497

Year built

1959

Annual property taxes

$3,385

HOA

Yes

Price History

07/02/2024
SEF

SEF #A11584488

Price change
$320,000
-5.85%
06/08/2024
SEF

SEF #A11584488

Price change
$339,900
-2.86%
05/09/2024
SEF

SEF #A11584488

Listed
$349,900
+8.33%

Schools & Community

Neighborhood: 

South Pointe

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Number of units in community: 

12

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

Aim Cu

Loan start date

April 2022

Original loan amount

$50,000

Est. remaining balance

Not provided

Interest rate

2.97%

Loan type

Credit Line (Revolving), 30 year

Seller

Philip Johns and Gabriel Herr

Lender

Aim Cu

Loan start date

April 2022

Original loan amount

$50,000

Est. remaining balance

Not provided

Interest rate

2.97%

Loan type

Credit Line (Revolving), 30 year

Seller

Philip Johns and Gabriel Herr

Lender

Pennymac Loan Services Llc

Loan start date

April 2022

Original loan amount

$229,800

Est. remaining balance

$220,595

Interest rate

3.85%

Loan type

New Conventional, 30 year

Seller

Phillip Johns and Gabriel Herr

Lender

Pennymac Loan Services Llc

Loan start date

April 2022

Original loan amount

$229,800

Est. remaining balance

$220,595

Interest rate

3.85%

Loan type

New Conventional, 30 year

Seller

Phillip Johns and Gabriel Herr

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: 07/04/2024 at 11:35 PM

Listing updated: 07/02/2024 at 7:33 PM

Listed by: Aleksandra Marzec, The World Realty, Inc Phone #: (305) 928-3516

MLS: SEF #A11584488

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