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$2,250,000

Beds
2
Baths
3.0
sq ft
1,557

4401 Collins Ave Unit 1514, Miami Beach, FL 33140

4401 Collins Ave Unit 1514

Miami Beach, FL 33140

  • 49 days on market
Beautiful 2BD/3BA w/views of the ocean & bay and 3 large balconies at Fontainebleau II. Enjoy full service, vacation-style living in a furnished turnkey unit with 2 king beds, 2 sleeper sofas & more. The Fontainebleau Resort offers luxury amenities on 22 oceanfront acres including award-winning restaurants, LIV night club, Lapis spa & state-of-the-art fitness center. Maintenance includes: AC, local calls, electricity, valet + daily free breakfast in the owner’s lounge. Click the virtual tour link to see video of property & contact me directly for more info.

Details

Property type

Condominium

Est. home value

$1,626,474

Lot size

Unknown

Price per sq ft

$1,446

Year built

2005

Annual property taxes

$18,097

Monthly HOA fee

$2,048

Price History

11/02/2024
SEF

SEF #A11226705

Removed
$2,250,000
11/02/2024
SEF

SEF #A11685606

Listed
$2,250,000
09/27/2024
SEF

SEF #A11226705

Price change
$2,250,000
-9.42%

Schools & Community

Neighborhood: 

Oceanfront

Elementary school: 

North Beach

Middle school: 

Nautilus

High school: 

Miami Beach

Number of units in community: 

462

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

$1,871,643
Asking price
$2,250,000
Closing costs (~8% of asking)
-$180,000
Est. remaining loan balance
-$198,357
Cash to seller
$1,871,643

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

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

August 2007

Original loan amount

$300,000

Est. remaining balance

$198,357

Interest rate

6.74%

Loan type

Not Provided, 30 year

Seller

Leo I George and Mary Ellen George

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 9:40 PM

Listing updated: 11/03/2024 at 3:05 PM

Listed by: Michele Redlich, Coldwell Banker Realty Phone #: (305) 672-6300

MLS: SEF #A11685606

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