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$899,000

Beds
1
Baths
1.5
sq ft
873

3 Island Ave Unit 5F, Miami Beach, FL 33139

3 Island Ave Unit 5F

Miami Beach, FL 33139

  • 44 days on market
    • Price drop $50,000↓
Presenting 3 Island Ave 5F on Belle Isle—an "Architectural Digest" quality renovation with no detail overlooked. This exquisite 1 bedroom, 1.5 bath residence boasts sweeping views of Biscayne Bay. The custom-designed kitchen features sleek Italian cabinetry and top-of-the-line appliances, including a Fisher Paykel refrigerator and wine cooler. The oversized terrace, framed by brand-new impact windows, showcases breathtaking bay views. Located in a mid-century modern gem, this building was designed by renowned architect Morris Lapidus, making this home a perfect blend of luxury, style, and timeless design

Details

Property type

Condominium

Est. home value

$595,466

Lot size

Unknown

Price per sq ft

$1,030

Year built

1962

Annual property taxes

$8,916

Monthly HOA fee

$1,442

Price History

12/09/2024
SEF

SEF #A11689034

Price change
$899,000
-5.27%
11/08/2024
SEF

SEF #A11689034

Listed
$949,000
+72.55%
07/14/2023
SEF

SEF #A11377766

Sold
$550,000
+45.5%

Schools & Community

Neighborhood: 

Belle Isle

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

6 Point Enterprises Llc

Loan start date

October 2023

Original loan amount

$103,500

Est. remaining balance

Not provided

Interest rate

7.09%

Loan type

Future Advance Clause / Open End Mortgage

Seller

Matthew Poser

Lender

6 Point Enterprises Llc

Loan start date

October 2023

Original loan amount

$103,500

Est. remaining balance

Not provided

Interest rate

7.09%

Loan type

Future Advance Clause / Open End Mortgage

Seller

Matthew Poser

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: 12/22/2024 at 5:05 PM

Listing updated: 12/09/2024 at 2:35 PM

Listed by: William Hahne, Coldwell Banker Realty Phone #: (954) 527-5900

MLS: SEF #A11689034

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