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$615,000

Beds
1
Baths
2.0
sq ft
686

2889 McFarlane Rd Unit 1511, Miami, FL 33133

2889 McFarlane Rd Unit 1511

Miami, FL 33133

  • 58 days on market
    • Price drop $20,000↓
Wake up to breathtaking city views from this stunning one-bedroom, two-bathroom, two-key unit in Hotel Arya Residences. This condo combines luxury with convenience in the heart of Coconut Grove. Enjoy a walk-in closet, washer/dryer hook-up, and one assigned parking space. The spacious balcony offers picturesque views of Peacock Park and the vibrant skyline. With no rental restrictions, this unit is perfect for investors, allowing leasing through the hotel rental pool, Airbnb, VRBO, or privately. Just steps away from an array of restaurants, shops, nightlife, and entertainment, this property is ideal for both end users and investors. Don’t miss this Coconut Grove gem!

Details

Property type

Condominium

Est. home value

$549,454

Lot size

Unknown

Price per sq ft

$897

Year built

2001

Annual property taxes

$8,489

Monthly HOA fee

$1,548

Price History

11/12/2024
SEF

SEF #A11664435

Price change
$615,000
-3.15%
09/25/2024
SEF

SEF #A11664435

Listed
$635,000

Schools & Community

Neighborhood: 

North-East Coconut Grove

Elementary school: 

Coconut Grove

Middle school: 

Ponce De Leon

High school: 

Coral Gables

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

National City Bank

Loan start date

March 2006

Original loan amount

$54,869

Est. remaining balance

Not provided

Interest rate

6.1%

Loan type

Credit Line (Revolving), 20 year

Seller

Leon Bunney

Lender

National City Bank

Loan start date

March 2006

Original loan amount

$54,869

Est. remaining balance

Not provided

Interest rate

6.1%

Loan type

Credit Line (Revolving), 20 year

Seller

Leon Bunney

Lender

Certified Home Loans Of Florida Inc

Loan start date

July 2004

Original loan amount

$260,000

Est. remaining balance

$139,548

Interest rate

6.3%

Loan type

Not Provided, 30 year

Seller

Leon Bunney

Lender

Certified Home Loans Of Florida Inc

Loan start date

July 2004

Original loan amount

$260,000

Est. remaining balance

$139,548

Interest rate

6.3%

Loan type

Not Provided, 30 year

Seller

Leon Bunney

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: 11/22/2024 at 3:20 PM

Listing updated: 11/12/2024 at 4:10 PM

Listed by: Gayathri Samuel, Weisbein Team Phone #: (305) 694-7500

MLS: SEF #A11664435

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