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$3,250,000

Beds
4
Baths
4.5
sq ft
2,809

734 Michigan Ave Unit 7, Miami Beach, FL 33139

734 Michigan Ave Unit 7

Miami Beach, FL 33139

  • 72 days on market
    • Price drop $50,000↓
Two adjacent Modern South Beach Tri-level townhomes loft style (secure,complex with only 7 townhouses). Producing $12,800 per month. Combined 2890 sq feet under A/C furnished; soaring 28 ft ceilings for a total of 4 bedrooms, 4.5 baths, 2 private rooftop terraces, 2 cover parking spaces. White porcelain plank floors, stained concrete floors throughout respectively. Bright open living space, high Impact windows and doors. Unbeatable location within 2 blocks to the shopping center on Alton Rd and 5th Ave. Walk to Flamingo Park, the Beach, Lincoln Road, shops, restaurants. Publix, Total Wine and Whole Foods are just around the corner. This exclusive and private residence gives you the opportunity to enjoy luxury in a prime location without the hassle of high rise living. Low Maintenance fees.

Details

Property type

Townhouse

Est. home value

$847,282

Property condition

Updated/Remodeled

Lot size

Unknown

Price per sq ft

$1,157

Year built

2006

Annual property taxes

$17,348

Monthly HOA fee

$1,114

Price History

02/04/2025
SEF

SEF #A11708941

Price change
$3,250,000
-1.52%
12/12/2024
SEF

SEF #A11708941

Listed
$3,300,000
+240.21%
06/20/2024
SEF

SEF #A11593675

Sold
$970,000
-2.51%

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

Td Bank Na

Loan start date

October 2019

Original loan amount

$36,642

Est. remaining balance

Not provided

Interest rate

3.36%

Loan type

Credit Line (Revolving), 30 year

Seller

Matthew Kenny and Vince Smit

Lender

Td Bank Na

Loan start date

October 2019

Original loan amount

$36,642

Est. remaining balance

Not provided

Interest rate

3.36%

Loan type

Credit Line (Revolving), 30 year

Seller

Matthew Kenny and Vince Smit

Lender

United Wholesale Mortgage

Loan start date

May 2019

Original loan amount

$405,000

Est. remaining balance

$360,216

Interest rate

4.06%

Loan type

New Conventional, 30 year

Seller

Matthew Kenny and Vince Smit

Lender

United Wholesale Mortgage

Loan start date

May 2019

Original loan amount

$405,000

Est. remaining balance

$360,216

Interest rate

4.06%

Loan type

New Conventional, 30 year

Seller

Matthew Kenny and Vince Smit

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: 02/23/2025 at 9:25 AM

Listing updated: 02/13/2025 at 10:15 AM

Listed by: Boris Jola, Real Estate Sales Force Phone #: (305) 392-1497

MLS: SEF #A11708941

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