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$999,731Estimated home value

Beds
2
Baths
2.0
sq ft
1,200

2843 S Bayshore Dr Unit 4E, Miami, FL 33133

2843 S Bayshore Dr Unit 4E

Miami, FL 33133

  • Off market
    • Price drop $41,000↓
Spectacular Grove Towers spacious 2 bedroom, 2 bath home with plenty of natural light from the floor to ceiling sliding glass doors which open to the beautiful wraparound balconies. Located on prime South Bayshore Drive, within walking distance of Biscayne Bay Marinas, Parks, Shopping, Restaurants and more. Property has many amenities including Concierge, On Site Property Manager, Valet, Tennis Courts, Swimming Pool, Gym with modern equipment and more. The property is in the final stages of completing the 40 year certification, with assessment fully paid off. BUYER MUST OWN THE PROPERTY FOR TWO YEARS BEFORE THEY CAN RENT IT OUT.

Details

Property type

Condominium

Est. home value

$999,731

Lot size

Unknown

Price per sq ft

$750

Year built

1982

Annual property taxes

$9,079

Monthly HOA fee

$1,903

Price History

08/28/2024
SEF

SEF #A11536609

Removed
$899,000
04/08/2024
SEF

SEF #A11536609

Price change
$899,000
-4.36%
02/22/2024
SEF

SEF #A11536609

Listed
$940,000
-5.91%

Schools & Community

Neighborhood: 

North-East Coconut Grove

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

Amerant Bank Na

Loan start date

February 2023

Original loan amount

$55,000

Est. remaining balance

Not provided

Interest rate

6.48%

Loan type

Credit Line (Revolving), 30 year

Seller

Maria Angelica Morales and The Mam Trust

Lender

Amerant Bank Na

Loan start date

February 2023

Original loan amount

$55,000

Est. remaining balance

Not provided

Interest rate

6.48%

Loan type

Credit Line (Revolving), 30 year

Seller

Maria Angelica Morales and The Mam Trust

Lender

First Equity Mortgage Bankers Inc

Loan start date

January 2012

Original loan amount

$250,000

Est. remaining balance

$178,701

Interest rate

3.98%

Loan type

New Conventional, 30 year

Seller

Maria Angelica Morales and The Mam Trust

Lender

First Equity Mortgage Bankers Inc

Loan start date

January 2012

Original loan amount

$250,000

Est. remaining balance

$178,701

Interest rate

3.98%

Loan type

New Conventional, 30 year

Seller

Maria Angelica Morales and The Mam Trust

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: Off Market

Tomo last checked: 10/05/2024 at 9:05 PM

Listing updated: 08/11/2024 at 6:07 PM

Listed by: Andrew Kruss, Ven-American Real Estate, Inc Phone #: (305) 858-1188

MLS: SEF #A11536609

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