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$395,000

Beds
2
Baths
1.0
sq ft
693

7326 Collins Ave Unit 204, Miami Beach, FL 33141

7326 Collins Ave Unit 204

Miami Beach, FL 33141

  • 54 days on market
    • Price drop $5,000↓
Welcome to your prime investment opportunity on Collins Avenue in Miami Beach! Featuring an ideal combination of location and income potential, making it a smart choice for investors looking to capitalize on Miami's thriving tourism market. Short-term rentals, daily Airbnb rentals are allowed. Currently rented at $2,500 keep the tenant while preparing the permits for short term rental The unit itself is cozy and inviting, providing a comfortable space for guests to relax after a day of exploring the city. The convenient location close to restaurants, shops, and the beautiful beach. Don't miss out on this fantastic opportunity to own a piece of Miami Beach. Schedule your showing today!

Details

Property type

Condominium

Est. home value

$365,167

Lot size

Unknown

Price per sq ft

$570

Year built

1940

Annual property taxes

$4,331

Monthly HOA fee

$755

Price History

06/26/2024
SEF

SEF #A11587727

Price change
$395,000
-1.25%
05/14/2024
SEF

SEF #A11587727

Listed
$400,000

Schools & Community

Neighborhood: 

North Shore

Elementary school: 

Biscayne

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

Washington Mutual Bank Fa

Loan start date

March 2007

Original loan amount

$169,000

Est. remaining balance

$108,860

Interest rate

6.21%

Loan type

Not Provided, 30 year

Seller

Charles D Reynolds and Esther Reynolds

Lender

Washington Mutual Bank Fa

Loan start date

March 2007

Original loan amount

$169,000

Est. remaining balance

$108,860

Interest rate

6.21%

Loan type

Not Provided, 30 year

Seller

Charles D Reynolds and Esther Reynolds

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 3:55 PM

Listing updated: 06/25/2024 at 9:13 PM

Listed by: Sandra Souss, Keller Williams Eagle Realty Phone #: (305) 757-1700

MLS: SEF #A11587727

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