tomo logo

$3,495,000

Beds
8
Baths
4.0
sq ft
3,701

241 28th St, Miami Beach, FL 33140

241 28th St

Miami Beach, FL 33140

  • <1 day on market
ONE OF A KIND multifamily building with 4 units located in the hottest Miami Beach area - the Faena District, only 1/2 block from the beach, and near all the best restaurants and hotels on Collins Ave. This fully renovated, 2 story building consisting of 4 separate, 2-Bed 1-Bath units, each approximately 880-SF LA, with two washers and 2 dryers located in the back building. Property upgrades include hurricane impact windows, new plumbing, new electric, central A/C, Water Heaters laundry room and on-site parking. 40-year certification passed! Primary zone is multifamily (3-9 units) but can convert to a single-family home on this prime, 7,684-SF lot! A TRUE GEM! New roof and room for a pool.

Details

Property type

Single Family Residence

Est. home value

$3,071,606

Lot size

7,684 sq ft

Price per sq ft

$945

Year built

1932

Annual property taxes

$21,494

Price History

03/17/2025
SEF

SEF #A11765200

Listed
$3,495,000
-28.67%
01/19/2024
SEF

SEF #A11460870

Removed
$4,900,000
09/29/2023
SEF

SEF #A11460870

Listed
$4,900,000
+66.1%

Schools & Community

Neighborhood: 

Oceanfront

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

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

Centennial Bank

Loan start date

April 2022

Original loan amount

$1,820,000

Est. remaining balance

Not provided

Interest rate

3.85%

Loan type

Commercial

Seller

241 28Th St Llc

Lender

Centennial Bank

Loan start date

April 2022

Original loan amount

$1,820,000

Est. remaining balance

Not provided

Interest rate

3.85%

Loan type

Commercial

Seller

241 28Th St Llc

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?

Status: Active

Tomo last checked: 03/18/2025 at 12:10 AM

Listing updated: 03/17/2025 at 9:05 PM

Listed by: Nelson Gonzalez PA, BHHS EWM Realty Phone #: (305) 674-4040

MLS: SEF #A11765200

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