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$249,000

Beds
2
Baths
1.0
sq ft
530

642 Michigan Ave Unit 21, Miami Beach, FL 33139

642 Michigan Ave Unit 21

Miami Beach, FL 33139

  • 71 days on market
    • Price drop $23,000↓
Enjoy the natural light that fills this East-facing corner 2bedroom unit, located on the beautiful tree-lined street of Michigan Ave. Inside the historic Sevilla, this unit pairs the South Beach charm with all of the desired modern conveniences. Featuring granite countertops, a honed marble backsplash, an upgraded appliances suite, and in unit washer and dryer, this unit is easy to love. Including a separate entrance for the second bedroom, this is a great floorplan for those that value privacy. Only a lovely stroll from the best South Beach has to offer; South of Fifth, Flamingo Park, Whole Foods, Publix, and much more.

Details

Property type

Condominium

Est. home value

$246,643

Lot size

Unknown

Price per sq ft

$470

Year built

1925

Annual property taxes

$3,048

Monthly HOA fee

$1,114

Price History

09/21/2024
SEF

SEF #A11658605

Price change
$249,000
-8.46%
09/12/2024
SEF

SEF #A11658605

Listed
$272,000
+64.85%
02/03/2021
SEF

SEF #A10958720

Sold
$165,000

Schools & Community

Neighborhood: 

Flamingo Lummus

Elementary school: 

South Pointe

Middle school: 

Nautilus

High school: 

Miami Beach

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

Van Dyk Mortgage Corp

Loan start date

February 2021

Original loan amount

$132,000

Est. remaining balance

$120,673

Interest rate

2.67%

Loan type

New Conventional, 30 year

Seller

Brandon Reed

Lender

Van Dyk Mortgage Corp

Loan start date

February 2021

Original loan amount

$132,000

Est. remaining balance

$120,673

Interest rate

2.67%

Loan type

New Conventional, 30 year

Seller

Brandon Reed

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: 11/22/2024 at 10:10 AM

Listing updated: 11/14/2024 at 8:15 AM

Listed by: Jay Fletcher Alli-Balukoff, Cervera Real Estate Inc. Phone #: (305) 374-3434

MLS: SEF #A11658605

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