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$247,000

Beds
1
Baths
1.0
sq ft
504

551 Michigan Ave Unit 223, Miami Beach, FL 33139

551 Michigan Ave Unit 223

Miami Beach, FL 33139

  • 76 days on market
    • Price drop $18,000↓
For Sale: Stunning Art Deco Condo – Steps from the Beach! Experience coastal living at its finest in this beautifully maintained Art Deco condo, just a short walk from the beach. Featuring elegant architectural details, this residence offers timeless style and modern comfort. The spacious interior boasts open floor plan, updated kitchen, or natural light, new impact doors and windows, new roof. Relax and enjoy the sea breeze from the balcony, perfect for outdoor dining or a morning coffee. This vibrant location offers easy access to nearby cafes, restaurants, and boutiques, making it ideal for those seeking both convenience and a beachside lifestyle

Details

Property type

Condominium

Est. home value

$285,469

Lot size

Unknown

Price per sq ft

$491

Year built

1945

Annual property taxes

$3,487

Monthly HOA fee

$581

Price History

12/06/2024
SEF

SEF #A11667137

Price change
$247,000
-6.79%
10/18/2024
SEF

SEF #A11667137

Pending
$265,000
10/08/2024
SEF

SEF #A11667137

Listed
$265,000
+8.16%

Schools & Community

Neighborhood: 

Flamingo Lummus

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Senior community center: 

Yes

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

Columbus Capital Lending Llc

Loan start date

October 2020

Original loan amount

$140,625

Est. remaining balance

$127,654

Interest rate

2.93%

Loan type

New Conventional, 30 year

Seller

Juandavid Sanchez

Lender

Columbus Capital Lending Llc

Loan start date

October 2020

Original loan amount

$140,625

Est. remaining balance

$127,654

Interest rate

2.93%

Loan type

New Conventional, 30 year

Seller

Juandavid Sanchez

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: 12/23/2024 at 5:40 AM

Listing updated: 12/06/2024 at 2:05 PM

Listed by: Dunay Almir, Lifestyle International Realty Phone #: (305) 809-8085

MLS: SEF #A11667137

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