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$165,000

Beds
Unknown
Baths
1.0
sq ft
230

642 Michigan Ave Unit 23, Miami Beach, FL 33139

642 Michigan Ave Unit 23

Miami Beach, FL 33139

  • 101 days on market
Cute studio apartment Art Deco building in the heart of Sobe rented for $1900/month starting November 2024. Natural light coming from the nice window, kitchenette. Minutes away from the beach. Approved special assessment for roof & prospective special assessment for 50-year certification (probably around $40/50K)

Details

Property type

Condominium

Est. home value

$159,481

Lot size

Unknown

Price per sq ft

$718

Year built

1925

Annual property taxes

$1,983

HOA

Yes

Price History

09/12/2024
SEF

SEF #A11658558

Listed
$165,000
+65%
03/11/2016
SEF

SEF #A10021321

Sold
$100,000

Schools & Community

Neighborhood: 

Flamingo Lummus

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

E F S Trust Corp

Loan start date

May 1998

Original loan amount

$28,000

Est. remaining balance

Not provided

Interest rate

7.09%

Loan type

New Conventional

Seller

Raul J Betancourt

Lender

E F S Trust Corp

Loan start date

May 1998

Original loan amount

$28,000

Est. remaining balance

Not provided

Interest rate

7.09%

Loan type

New Conventional

Seller

Raul J Betancourt

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: 12/22/2024 at 4:05 PM

Listing updated: 09/30/2024 at 5:02 PM

Listed by: Giorgio Picinelli, SOBE International Realty Phone #: (305) 672-4971

MLS: SEF #A11658558

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