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$2,199,999

Beds
4
Baths
3.0
sq ft
1,906

5500 SW 80th St, Miami, FL 33143

5500 SW 80th St

Miami, FL 33143

  • 6 days on market
Seize a rare opportunity to own a prime piece of real estate in one of the most desirable neighborhoods! This spacious 4-bed, 3-bath pool home sits on an expansive 14,400 sqft lot on 80th Street, ideally located across from High Pines & just minutes from the prestigious Ponce Davis area. With endless potential, this property is perfect for anyone looking to live in, renovate, or build new. Surrounded by multi-million dollar homes, this address offers incredible value & exclusivity. For developers or investors, the home’s strong rental appeal provides an ideal setup for income while you design your dream home & complete permitting. This lot offers the flexibility to create a custom estate in a highly sought-after community with top schools, dining, & easy access to shopping & entertainment

Details

Property type

Single Family Residence

Est. home value

$1,357,013

Lot size

0.33 acres

Price per sq ft

$1,155

Year built

1958

Annual property taxes

$12,614

Price History

11/15/2024
SEF

SEF #A11690107

Listed
$2,199,999
+139.13%
04/13/2021
SEF

SEF #A10842372

Sold
$920,000

Schools & Community

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

Newrez Llc

Loan start date

April 2021

Original loan amount

$548,250

Est. remaining balance

$505,400

Interest rate

2.97%

Loan type

New Conventional, 30 year

Seller

Pedro Ignacio Demorejon and Lilliane Perdomo Demorejon

Lender

Newrez Llc

Loan start date

April 2021

Original loan amount

$548,250

Est. remaining balance

$505,400

Interest rate

2.97%

Loan type

New Conventional, 30 year

Seller

Pedro Ignacio Demorejon and Lilliane Perdomo Demorejon

Lender

Alliant Cu

Loan start date

April 2021

Original loan amount

$233,750

Est. remaining balance

Not provided

Interest rate

2.99%

Loan type

Credit Line (Revolving)

Seller

Pedro Ignacio Demorejon and Lilliane Perdomo Demorejon

Lender

Alliant Cu

Loan start date

April 2021

Original loan amount

$233,750

Est. remaining balance

Not provided

Interest rate

2.99%

Loan type

Credit Line (Revolving)

Seller

Pedro Ignacio Demorejon and Lilliane Perdomo Demorejon

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: 11/21/2024 at 7:50 PM

Listing updated: 11/15/2024 at 8:05 PM

Listed by: Oscar Arellano Jr., BHHS EWM Realty Phone #: (305) 960-2400

MLS: SEF #A11690107

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