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$500,000

Beds
3
Baths
1.0
sq ft
1,243

5200 NW 7th Ave, Miami, FL 33127

5200 NW 7th Ave

Miami, FL 33127

  • 83 days on market
    • Price drop $25,000↓
Fully remodeled 3 bed/1 bath property with zoning for up to 5 stories on the busy NW 7th Ave corridor. Opportunity to develop up to 7 units. Currently fully rented at $3,100 to a reliable tenant using it as an office, willing to stay or vacate if needed.

Details

Property type

Single Family Residence

Est. home value

$547,771

Lot size

4,800 sq ft

Price per sq ft

$403

Year built

1920

Annual property taxes

$8,530

Price History

11/15/2024
SEF

SEF #A11652315

Price change
$500,000
-4.76%
09/03/2024
SEF

SEF #A11652315

Listed
$525,000
-16%
08/29/2024
SEF

SEF #A11586242

Removed
$625,000

Schools & Community

Neighborhood: 

Liberty City

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

Loan Funder Llc

Loan start date

June 2022

Original loan amount

$268,000

Est. remaining balance

Not provided

Interest rate

5.11%

Loan type

Commercial, 30 year

Seller

1277 Lmcb Llc

Lender

Loan Funder Llc

Loan start date

June 2022

Original loan amount

$268,000

Est. remaining balance

Not provided

Interest rate

5.11%

Loan type

Commercial, 30 year

Seller

1277 Lmcb 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?

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Status: Active

Tomo last checked: 11/25/2024 at 10:55 AM

Listing updated: 11/15/2024 at 9:05 AM

Listed by: Ouri Kahn, City Group Consulting, LLC Phone #: (954) 274-2274

MLS: SEF #A11652315

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