tomo logo

$2,500,000

Beds
6
Baths
5.0
sq ft
Unknown

550 NW 42nd St, Miami, FL 33127

550 NW 42nd St

Miami, FL 33127

  • 11 days on market
This brand new home is a masterpiece of modern design, boasting exquisite finishes and luxurious features. Step inside and be captivated by the stunning black kitchen, where sleek cabinetry and top-of-the-line appliances create a stylish and functional space. You'll be greeted by the warm and inviting space created by the beautiful wood floors and open living space. Step into your own private oasis and take a dip in the large pool, complete with a rejuvenating jacuzzi, where you can unwind after a long day. This home features impact windows and doors, ensuring not only security but also energy efficiency and noise reduction. The master bath is a true oasis, featuring 2 rain shower and a luxurious tub. Indulge in a spa-like experience. Total 3100+ Sqft with 6 bedroom and 5.5 bathrooms.

Details

Property type

Single Family Residence

Est. home value

$567,675

Lot size

5,000 sq ft

Price per sq ft

Unknown

Year built

2024

Annual property taxes

$5,871

Price History

01/11/2025
SEF

SEF #A11722323

Price change
$2,500,000
+25.01%
01/10/2025
SEF

SEF #A11722323

Listed
$1,999,900
-4.76%
10/26/2024
SEF

SEF #A11664351

Removed
$2,099,900

Schools & Community

Neighborhood: 

Little Haiti

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

The Rockwood Mortgage Trust

Loan start date

November 2022

Original loan amount

$425,000

Est. remaining balance

Not provided

Interest rate

6.66%

Loan type

Balloon

Seller

Rockwood Investments Inc

Lender

The Rockwood Mortgage Trust

Loan start date

November 2022

Original loan amount

$425,000

Est. remaining balance

Not provided

Interest rate

6.66%

Loan type

Balloon

Seller

Rockwood Investments Inc

Lender

Lendmarq Funding Llc

Loan start date

October 2021

Original loan amount

$514,935

Est. remaining balance

Not provided

Interest rate

2.87%

Loan type

Building or Construction Loan, 1 year

Seller

Rockwood Investments Inc

Lender

Lendmarq Funding Llc

Loan start date

October 2021

Original loan amount

$514,935

Est. remaining balance

Not provided

Interest rate

2.87%

Loan type

Building or Construction Loan, 1 year

Seller

Rockwood Investments Inc

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: 01/22/2025 at 1:15 PM

Listing updated: 01/11/2025 at 10:55 AM

Listed by: Michael Venereo, Barcelo Realty Corp Phone #: (786) 970-4071

MLS: SEF #A11722323

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