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$484,900

Beds
2
Baths
2.0
sq ft
842

3500 Coral Way Unit 1010, Miami, FL 33145

3500 Coral Way Unit 1010

Miami, FL 33145

  • 57 days on market
    • Price drop $14,100↓
Live the Coral Gables dream in this beautiful 2 Bedroom, 2 Bathroom condo just 2 blocks from vibrant Miracle Mile. Enjoy stunning views of the City from your private Balcony, perfect for morning coffee or evening cocktails. This modern Condo boasts sleek Stainless Steel appliances, creating a stylish and functional kitchen. wtih the Historic Miracle Mile at your doorstep, you'll have easy access to a plethora of upscale shops, renowned restaurants, and exciting nightlife. Explore the charming Boutiques, indulge in gourmet dining experiences, or catch a show at the historic Actors' Playhouse. Embrace the Coral Gables lifestyle with its lush greenery, Mediterranean architecture, and vibrant cultural scene. This condo offers the perfect blend of comfort, convenience, and luxury.

Details

Property type

Condominium

Est. home value

$464,908

Lot size

Unknown

Price per sq ft

$576

Year built

2002

Annual property taxes

$5,350

Monthly HOA fee

$800

Price History

12/06/2024
SEF

SEF #A11677899

Price change
$484,900
-2.83%
10/25/2024
SEF

SEF #A11677899

Listed
$499,000
+8.48%
11/28/2023
SEF

SEF #A11443077

Sold
$460,000
-3.16%

Schools & Community

Neighborhood: 

Coral Way

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$131,743
Asking price
$484,900
Closing costs (~8% of asking)
-$38,792
Est. remaining loan balance
-$314,365
Cash to seller
$131,743

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Cmg Mortgage Inc

Loan start date

November 2023

Original loan amount

$317,250

Est. remaining balance

$314,365

Interest rate

7.57%

Loan type

New Conventional, 30 year

Seller

Abraham Peter Backus

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: 12/22/2024 at 12:20 AM

Listing updated: 12/06/2024 at 6:00 PM

Listed by: Hector Chinea, Real Broker LLC Phone #: (855) 450-0442

MLS: SEF #A11677899

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