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$3,495,000

Beds
4
Baths
3.0
sq ft
2,634

5845 N Bay Rd, Miami Beach, FL 33140

5845 N Bay Rd

Miami Beach, FL 33140

  • 319 days on market
    • Price drop $305,000↓
Location Location! UPPER NORTH BAY ROAD. Rare and special opportunity to build your dream home here. Possible double lot /triple lot by purchasing the lots on each side (see broker comments). Miami Beach living on prestigious and sought after North Bay Road. Property location is just minutes from La Gorce Country Club, Fisher Park, the beach, & the best schools.

Details

Property type

Single Family Residence

Est. home value

$2,209,357

Lot size

8,550 sq ft

Price per sq ft

$1,327

Year built

1934

Annual property taxes

$39,106

HOA

Yes

Price History

10/11/2024
SEF

SEF #A11510185

Removed
$3,495,000
09/30/2024
SEF

SEF #A11510185

Listed
$3,495,000
08/05/2024
SEF

SEF #A11510185

Price change
$3,495,000
-5.41%

Schools & Community

Neighborhood: 

La Gorce

Elementary school: 

North Beach

Middle school: 

Nautilus

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

1St Union Natl Bk

Loan start date

June 2000

Original loan amount

$50,000

Est. remaining balance

Not provided

Interest rate

8.28%

Loan type

Credit Line (Revolving)

Seller

Scott Bennett

Lender

Margaretten & Co Inc

Loan start date

June 1993

Original loan amount

$150,000

Est. remaining balance

Not provided

Interest rate

7.42%

Loan type

Not Provided

Seller

Scott Bennett

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: 11/22/2024 at 11:10 AM

Listing updated: 10/11/2024 at 3:46 PM

Listed by: Bruno Ricci, Fortune Christie's International Real Estate Phone #: (305) 400-6393

MLS: SEF #A11510185

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