tomo logo

$1,650,000

Beds
7
Baths
4.0
sq ft
3,037

577 NW 120th St, Miami, FL 33168

577 NW 120th St

Miami, FL 33168

  • 74 days on market
    • Price drop $100,000↓
Spanish Mediterranean Villa fully licensed for short-term rentals, including Airbnb, this stunning property offers a perfect blend of luxury and functionality. Featuring 7 bedrooms and 4 full bathrooms, the home boasts a spacious layout with updated bathrooms, a large kitchen, and expansive living areas ideal for group gatherings. The outdoor oasis is thoughtfully designed for both relaxation and entertainment, making it a standout option for guests. Offered fully furnished and situated on a generous 10,125 sq. ft. lot, this property is a prime opportunity for a long-term investment. Don’t miss out!

Details

Property type

Single Family Residence

Est. home value

$1,282,505

Lot size

0.23 acres

Price per sq ft

$544

Year built

1924

Annual property taxes

$16,970

Price History

01/22/2025
SEF

SEF #A11711573

Price change
$1,650,000
-5.71%
12/19/2024
SEF

SEF #A11711573

Listed
$1,750,000
+89.19%
10/13/2021
SEF

SEF #A11086591

Sold
$925,000
+257.01%

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

Intercontinental Bk

Loan start date

August 1994

Original loan amount

$93,000

Est. remaining balance

Not provided

Interest rate

8.57%

Loan type

Not Provided

Seller

Michael Erdek and Cybele Erdek

Lender

Intercontinental Bk

Loan start date

August 1994

Original loan amount

$93,000

Est. remaining balance

Not provided

Interest rate

8.57%

Loan type

Not Provided

Seller

Michael Erdek and Cybele Erdek

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?

Similar Homes Nearby

Price drop
SEF
$1,650,000
6 bd
|
3 ba
|
2,431 sq ft
|
House

11975 W Biscayne Canal Rd, Miami, FL 33161

Price drop
SEF
$1,700,000
4 bd
|
3 ba
|
3,459 sq ft
|
House

11612 NE 6th Ave, Biscayne Park, FL 33161

SEF
$1,630,000
4 bd
|
3 ba
|
2,460 sq ft
|
House

665 NE 117th St, Biscayne Park, FL 33161

Status: Active

Tomo last checked: 03/04/2025 at 2:45 AM

Listing updated: 01/22/2025 at 12:45 PM

Listed by: George Burns, One Sotheby's International Re Phone #: (305) 538-9711

MLS: SEF #A11711573

SEF logo

Recently listed in Miami

$615,000|4 bd|3.0 ba|House
$499,000|3 bd|2.0 ba|House
$499,000|3 bd|2.5 ba|Townhouse
$1,495,000|5 bd|3.0 ba|House
$1,590,000|4 bd|3.0 ba|House
$780,000|4 bd|2.5 ba|House
$850,000|4 bd|3.0 ba|House
$1,555,000|4 bd|3.5 ba|House