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$229,000

Beds
1
Baths
1.5
sq ft
686

6937 Bay Dr Unit 510, Miami Beach, FL 33141

6937 Bay Dr Unit 510

Miami Beach, FL 33141

  • 261 days on market
    • Price drop $40,000↓
INVESTOR OPPORTUNITY!!! NEED REPAIRS...Beautiful 1 bed/1.5 bath apartment along the shores of Biscayne Canal in Normandy Isles. A hidden treasure conveniently located near the 71st Street beach, shops, and dining options. Low condo fees, on-site pool viewing canal, and one assigned parking spot in a covered garage. This is a must-visit! No rentals are allowed for the first year of ownership.

Details

Property type

Condominium

Est. home value

$268,035

Lot size

Unknown

Price per sq ft

$334

Year built

1980

Annual property taxes

$2,718

Monthly HOA fee

$454

Price History

06/18/2024
SEF

SEF #A11473666

Listed
$229,000
05/13/2024
SEF

SEF #A11473666

Pending
$229,000
03/08/2024
SEF

SEF #A11473666

Price change
$229,000
-14.87%

Schools & Community

Neighborhood: 

Isle of Normandy

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

Dmr Financial Services Inc

Loan start date

November 1998

Original loan amount

$54,000

Est. remaining balance

Not provided

Interest rate

6.64%

Loan type

New Conventional

Seller

Lissette Torres-Mata

Lender

Dmr Financial Services Inc

Loan start date

November 1998

Original loan amount

$54,000

Est. remaining balance

Not provided

Interest rate

6.64%

Loan type

New Conventional

Seller

Lissette Torres-Mata

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: 07/07/2024 at 4:20 PM

Listing updated: 06/18/2024 at 7:13 PM

Listed by: Lilian Gramundo, Miami Wave Realty, LLC Phone #: (305) 725-6414

MLS: SEF #A11473666

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