tomo logo

$225,000

Beds
1
Baths
1.0
sq ft
539

541 NE 62nd St Unit 14, Miami, FL 33138

541 NE 62nd St Unit 14

Miami, FL 33138

  • 12 days on market
Unique opportunity to acquire 9 of 16 units in a multi- family building in the heart of Miami's vibrant Little River neighborhood. Property has a recently replaced roof and successfully passed the 40 year certification. All 9 units are fully renovated 1 bedroom/ 1 bathroom, featuring in unit central AC & washer/dryer. All units are occupied with tenants on newly signed rental agreements, providing immediate cash flow with strong returns.

Details

Property type

Condominium

Est. home value

$228,601

Lot size

Unknown

Price per sq ft

$418

Year built

1947

Annual property taxes

$3,100

Monthly HOA fee

$12.5

Price History

12/10/2024
SEF

SEF #A11707017

Listed
$225,000
-4.26%
12/15/2023
SEF

SEF #A11451046

Removed
$235,000
09/11/2023
SEF

SEF #A11451046

Listed
$235,000

Schools & Community

Neighborhood: 

Upper Eastside

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

Southeast Bankers Mortgage Corp

Loan start date

January 2007

Original loan amount

$144,400

Est. remaining balance

$89,999

Interest rate

6.18%

Loan type

Not Provided, 30 year

Seller

Rafael Ayala

Lender

Southeast Bankers Mortgage Corp

Loan start date

January 2007

Original loan amount

$144,400

Est. remaining balance

$89,999

Interest rate

6.18%

Loan type

Not Provided, 30 year

Seller

Rafael Ayala

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: 12/23/2024 at 6:00 AM

Listing updated: 12/11/2024 at 8:50 AM

Listed by: Thomas Falkenstein, The Suero Group Phone #: (305) 901-7176

MLS: SEF #A11707017

SEF logo

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