tomo logo

$549,000

Beds
2
Baths
1.0
sq ft
609

750 Collins Ave Unit 207, Miami Beach, FL 33139

750 Collins Ave Unit 207

Miami Beach, FL 33139

  • 234 days on market
CASH ONLY. Unique opportunity to own a 2 bedroom unit that is AIRBNB approved in the Heart of South Beach. Corner unit with lots of natural light. Furniture included in the sale. Excellent location one block from the Beach. Next to Armani Exchange. Numerous World renowned Restaurants and shopping around. Laundry room in the building. Low HOA fees. The building has absolutely no restrictions with daily, weekly or monthly rentals and fully approved and licensed to do Airbnb and short term rentals. Cash cow unit, high returns. Start producing money as soon as you close.

Details

Property type

Condominium

Est. home value

$527,375

Lot size

Unknown

Price per sq ft

$902

Year built

1935

Annual property taxes

$6,302

Monthly HOA fee

$464

Price History

04/02/2024
SEF

SEF #A11562940

Listed
$549,000
+13.2%
06/03/2022
SEF

SEF #A11176796

Sold
$485,000
+130.95%
05/21/2018
SEF

SEF #A10359602

Sold
$210,000
-17.65%

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

Lendsure Mortgage Corp

Loan start date

May 2022

Original loan amount

$307,223

Est. remaining balance

$293,648

Interest rate

4.16%

Loan type

New Conventional, 30 year

Seller

Palm Tree Holdings Llc

Lender

Lendsure Mortgage Corp

Loan start date

May 2022

Original loan amount

$307,223

Est. remaining balance

$293,648

Interest rate

4.16%

Loan type

New Conventional, 30 year

Seller

Palm Tree Holdings Llc

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?

Similar Homes Nearby

Price drop
SEF
$515,000
2 bd
|
2 ba
|
980 sq ft
|
Condo

1150 Collins Ave Unit 301, Miami Beach, FL 33139

SEF
$535,000
2 bd
|
2 ba
|
940 sq ft
|
Condo

1018 Meridian Ave Unit 2, Miami Beach, FL 33139

Price drop
SEF
$505,000
2 bd
|
2 ba
|
890 sq ft
|
Condo

802 Euclid Ave Unit 302, Miami Beach, FL 33139

Status: Active

Tomo last checked: 11/22/2024 at 3:10 PM

Listing updated: 09/30/2024 at 5:51 PM

Listed by: Maria Borras, Related ISG Realty, LLC. Phone #: (305) 932-6365

MLS: SEF #A11562940

SEF logo