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$875,000

Beds
2
Baths
1.0
sq ft
953

485 Brickell Ave Unit 1909, Miami, FL 33131

485 Brickell Ave Unit 1909

Miami, FL 33131

  • 25 days on market
Investors Dream! Great ROI rates! Short Term rentals allowed in one of Miami’s most sought-after buildings! This 09-line unit in ICON building 3 offers a spacious layout with sweeping views of Biscayne Bay and the Brickell skyline. With over 950 sq. ft., this 2-bedroom offers plenty of space to live and work. Enjoy incredible amenities like a resort-style pool, state-of-the-art fitness center, spa, valet service, and 24-hour security. Located in the heart of Brickell, you're steps away from premier dining, shopping, and nightlife.

Details

Property type

Condominium

Est. home value

$1,075,478

Lot size

Unknown

Price per sq ft

$919

Year built

2009

Annual property taxes

$12,287

Monthly HOA fee

$1,210

Price History

11/29/2024
SEF

SEF #A11700896

Listed
$875,000
+15.13%
12/19/2023
SEF

SEF #A11323560

Sold
$760,000
-6.17%
11/13/2023
SEF

SEF #A11323560

Pending
$810,000

Schools & Community

Neighborhood: 

Brickell

Elementary school: 

Southside

Middle school: 

Shenandoah

High school: 

Washington; Brooker T

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

$277,660
Asking price
$875,000
Closing costs (~8% of asking)
-$70,000
Est. remaining loan balance
-$527,340
Cash to seller
$277,660

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

Seller’s Loan History

Lender

Cornerstone First Mortgage Inc

Loan start date

December 2023

Original loan amount

$532,000

Est. remaining balance

$527,340

Interest rate

7.76%

Loan type

New Conventional, 30 year

Seller

Vaca Home Fl 1 Llc

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: 12/24/2024 at 12:30 PM

Listing updated: 11/29/2024 at 4:05 PM

Listed by: Sheree Saint Victor, Compass Florida, LLC. Phone #: (305) 851-2820

MLS: SEF #A11700896

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