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$1,899,000

Beds
4
Baths
4.5
sq ft
2,320

501 NE 31st St Unit 4401, Miami, FL 33137

501 NE 31st St Unit 4401

Miami, FL 33137

  • 62 days on market
    • Price drop $291,000↓
Discover unparalleled luxury in this stunning 4-bed, 4.5-bath lower penthouse in Midtown. Enjoy expansive water and city views from a sweeping round balcony. The open floor plan is designed to maximize light, featuring premium finishes throughout. The gourmet kitchen boasts high-end appliances, a large island, and ample storage. Each bedroom has an en-suite bath, with the master suite offering floor-to-ceiling windows and a spa-like retreat. Amenities include a gym, spa, kids’ playroom, business center, sports courts, two resort-style pools, and 24-hour valet. Urban living at its finest—don’t miss this rare opportunity!

Details

Property type

Condominium

Est. home value

$2,002,928

Lot size

Unknown

Price per sq ft

$819

Year built

2018

Annual property taxes

$22,845

Monthly HOA fee

$3,001

Price History

01/13/2025
SEF

SEF #A11695895

Listed
$1,899,000
12/19/2024
SEF

SEF #A11695895

Removed
$1,899,000
12/07/2024
SEF

SEF #A11695895

Price change
$1,899,000
-13.29%

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

Bank Of America Na

Loan start date

October 2018

Original loan amount

$800,000

Est. remaining balance

$709,090

Interest rate

4.51%

Loan type

New Conventional, 30 year

Seller

Alykhan Govani and Aliyah Govani

Lender

Bank Of America Na

Loan start date

October 2018

Original loan amount

$800,000

Est. remaining balance

$709,090

Interest rate

4.51%

Loan type

New Conventional, 30 year

Seller

Alykhan Govani and Aliyah Govani

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: 01/20/2025 at 3:55 AM

Listing updated: 01/13/2025 at 12:20 AM

Listed by: Jose Nicolas, Compass Florida, LLC. Phone #: (305) 851-2820

MLS: SEF #A11695895

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