tomo logo

$795,000

Beds
2
Baths
2.5
sq ft
1,421

3250 NE 1st Ave Unit 551, Miami, FL 33137

3250 NE 1st Ave Unit 551

Miami, FL 33137

  • 57 days on market
    • Price drop $55,000↓
Introducing Midtown Posh at the coveted Midblock Miami condo. One of the most exceptional floor plans in Midblock, Midtown Posh has been professionally decorated to entice end-users and investors alike. Unique to Midblock is the ability to rent on a daily basis, making this 2-story residence an appealing income-producing property. This tropical townhome entry is only available to 5th floor residences. Step inside to impressive concrete ceilings with vibrant furnishings and accents. The first floor is an open floor plan with a den/sitting area, half bath, open living space and balcony. Upstairs are 2 bedrooms with automatic blinds, 2 full baths, laundry closet with new LG w/d and additional balcony. Fully furnished with deeded parking and storage locker. Experience wonder at Midtown Posh!

Details

Property type

Condominium

Est. home value

$837,697

Lot size

Unknown

Price per sq ft

$560

Year built

2007

Annual property taxes

$11,611

Monthly HOA fee

$2,108

Price History

04/02/2025
SEF

SEF #A11738094

Price change
$795,000
-6.47%
02/06/2025
SEF

SEF #A11738094

Listed
$850,000

Schools & Community

Neighborhood: 

Wynwood - Edgewater

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

Gateway Capital Mortgage Inc

Loan start date

February 2022

Original loan amount

$504,000

Est. remaining balance

$471,652

Interest rate

3.22%

Loan type

New Conventional, 30 year

Seller

Nicholas Jay Spears

Lender

Gateway Capital Mortgage Inc

Loan start date

February 2022

Original loan amount

$504,000

Est. remaining balance

$471,652

Interest rate

3.22%

Loan type

New Conventional, 30 year

Seller

Nicholas Jay Spears

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: 04/04/2025 at 3:25 PM

Listing updated: 04/02/2025 at 2:31 PM

Listed by: Hayley Dodge PA, Compass Florida, LLC. Phone #: (305) 851-2820

MLS: SEF #A11738094

SEF logo

Recently listed in Miami

$1,510,000|4 bd|2.5 ba|House
$980,000|3 bd|2.0 ba|House
$469,900|2 bd|1.0 ba|House
$1,250,000|2 bd|2.0 ba|Condo
$1,649,000|4 bd|3.0 ba|Townhouse
$589,000|3 bd|2.0 ba|House
$699,000|3 bd|2.5 ba|House