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$265,000

Beds
1
Baths
1.0
sq ft
429

740 Meridian Ave Unit 25, Miami Beach, FL 33139

740 Meridian Ave Unit 25

Miami Beach, FL 33139

  • 175 days on market
    • Price drop $19,000↓
Lovely 1 bed & 1 bath located in the center of South Beach, near the beach. The unit is fully furnished, equipped with a Washer and Dryer, impact windows, Ceramic tile floor, stainless steel appliances, granite countertops, central air, and more. The Building is gated and remodeled in 2016. Rental restrictions are 6 months and 1 day minimum to 1-year leases. There are no short term or daily rentals allowed. The unit is rented till March 2025, tenant pays $2,000.00/M. The Association includes: water, sewer, trash and additionally, it includes insurance to the drywall and maintenance to the common areas. Call us now!

Details

Property type

Condominium

Est. home value

$254,245

Lot size

Unknown

Price per sq ft

$618

Year built

2016

Annual property taxes

$3,570

Monthly HOA fee

$401

Price History

05/22/2024
SEF

SEF #A11506160

Price change
$265,000
-6.69%
02/12/2024
SEF

SEF #A11506160

Price change
$284,000
-0.35%
01/15/2024
SEF

SEF #A11506160

Listed
$285,000
+23.91%

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

Caliber Home Loans Inc

Loan start date

May 2022

Original loan amount

$187,000

Est. remaining balance

$181,093

Interest rate

5%

Loan type

New Conventional, 30 year

Seller

Ricardo Cordon and Leigh Hopkins

Lender

Caliber Home Loans Inc

Loan start date

May 2022

Original loan amount

$187,000

Est. remaining balance

$181,093

Interest rate

5%

Loan type

New Conventional, 30 year

Seller

Ricardo Cordon and Leigh Hopkins

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: 07/07/2024 at 8:10 PM

Listing updated: 06/17/2024 at 1:34 PM

Listed by: Carlos Jose Pulido, Related ISG Realty, LLC. Phone #: (305) 932-6365

MLS: SEF #A11506160

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