tomo logo

$2,475,000

Beds
3
Baths
2.5
sq ft
1,796

5120 Cherokee Ave, Miami Beach, FL 33140

5120 Cherokee Ave

Miami Beach, FL 33140

  • 59 days on market
Discover a tranquil retreat in the heart of Miami Beach, in coveted Lakeview. Be in a short distance from all the action and abundant community content. Unusually large lot with a great potential to expand, or develop down the road. Remodeled 3 bedroom, 2.5 bathroom, 2,050 sq. ft. home features modern finishes and effortlessly blends contemporary sophistication with a warm and inviting ambiance. The modern kitchen, featuring quartz countertops and stainless steel appliances and full-sized laundry area are all there for your convenience. With outdoor patio, fun treehouse, and expansive yard, every corner of this home exudes comfort and style. This residence offers easy access to A+ schools, parks, and key destinations perfectly balancing tranquility with urban convenience.

Details

Property type

Single Family Residence

Est. home value

$1,945,440

Lot size

9,581 sq ft

Price per sq ft

$1,379

Year built

1942

Annual property taxes

$36,804

Price History

08/08/2024
SEF

SEF #A11637856

Listed
$2,475,000

Schools & Community

Neighborhood: 

La Gorce

Elementary school: 

Feinberg-Fisher K8

Middle school: 

Nautilus

High school: 

Miami Beach

Community features: 

Street Lights, Sidewalks

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

Vaster Loans Llc

Loan start date

February 2023

Original loan amount

$1,000,000

Est. remaining balance

Not provided

Interest rate

6.42%

Loan type

Commercial

Seller

5120 Cherokee Llc

Lender

Vaster Loans Llc

Loan start date

February 2023

Original loan amount

$1,000,000

Est. remaining balance

Not provided

Interest rate

6.42%

Loan type

Commercial

Seller

5120 Cherokee 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?

Similar Homes Nearby

Price drop
SEF
$2,399,999
3 bd
|
3 ba
|
1,949 sq ft
|
House

4484 Royal Palm Ave, Miami Beach, FL 33140

SEF
$2,500,000
3 bd
|
2.5 ba
|
1,777 sq ft
|
House

4470 Alton Rd, Miami Beach, FL 33140

Price drop
SEF
$2,650,000
3 bd
|
2 ba
|
2,223 sq ft
|
House

531 W 51st St, Miami Beach, FL 33140

Status: Active

Tomo last checked: 10/06/2024 at 8:35 AM

Listing updated: 09/30/2024 at 5:10 PM

Listed by: Sladja Stantic, One Sotheby's International Re Phone #: (305) 538-9711

MLS: SEF #A11637856

SEF logo

Recently listed in Miami Beach