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$399,999

Beds
3
Baths
3.0
sq ft
790

3801 Indian Creek Dr Unit 106, Miami Beach, FL 33140

3801 Indian Creek Dr Unit 106

Miami Beach, FL 33140

  • 109 days on market
    • Price drop $30,000↓
Unlock the ultimate investment opportunity just 2 blocks from the beach! This exceptional property features three exquisitely renovated and fully furnished independent studios—106A, 106B, and 106C—all under one folio and free of violations. The property is licensed for short-term rentals by the City of Miami Beach, allowing you to maximize your income potential with no restrictions on daily rentals. The association fee covers essential utilities such as electricity and water. Seller has already paid the special assessment. Don't miss your chance to own this incredible income-producing property in a prime location. For showings, contact the LA. This property is fully licensed and operating as an active short-term rental.

Details

Property type

Condominium

Est. home value

$388,223

Lot size

Unknown

Price per sq ft

$507

Year built

1940

Annual property taxes

$5,431

Monthly HOA fee

$1,019

Price History

11/09/2024
SEF

SEF #A11634250

Price change
$399,999
-6.98%
09/25/2024
SEF

SEF #A11634250

Price change
$429,999
-8.51%
09/05/2024
SEF

SEF #A11634250

Pending
$469,999

Schools & Community

Neighborhood: 

Oceanfront

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

John R Munn

Loan start date

May 2007

Original loan amount

$184,000

Est. remaining balance

Not provided

Interest rate

7.5%

Loan type

Seller take-back, 10 year

Seller

Roser Cabanas

Lender

John R Munn

Loan start date

May 2007

Original loan amount

$184,000

Est. remaining balance

Not provided

Interest rate

7.5%

Loan type

Seller take-back, 10 year

Seller

Roser Cabanas

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: 11/19/2024 at 8:30 AM

Listing updated: 11/09/2024 at 3:15 PM

Listed by: Liem Milian Gutierrez, EXP Realty LLC Phone #: (888) 883-8509

MLS: SEF #A11634250

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