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$295,000

Beds
1
Baths
1.5
sq ft
867

7801 Abbott Ave Unit 404, Miami Beach, FL 33141

7801 Abbott Ave Unit 404

Miami Beach, FL 33141

  • 79 days on market
    • Price drop $5,000↓
Owner will negotiate a lower price with a cash offer. Large 1-bed/1.5-bath unit at lovely Frances Condo. Bright & spacious, this well-cared-for home boasts an amazing location, huge balcony, & a refreshing pool. Relax on the balcony facing tranquil Abbott Ave, perfect for sunset views. Only 2 blocks from the ocean & 3 blocks to North Beach Oceanside Park - a tropical beach front park w/ BBQ grills, shady picnic tables, & the beach steps away. Close by are restaurants, markets, shops, & the renowned North Beach Bandshell hosting fun concerts! The building offers secure entrance, and the unit comes with one assigned & covered parking space. Completed 40-year recertification in 2023. New hot water heater installed. Cash offers only. For showings, buyer must present in advance proof of funds.

Details

Property type

Condominium

Est. home value

$289,013

Lot size

Unknown

Price per sq ft

$341

Year built

1980

Annual property taxes

$2,047

Monthly HOA fee

$405

Price History

05/31/2024
SEF

SEF #A11572506

Price change
$295,000
-1.67%
04/19/2024
SEF

SEF #A11572506

Listed
$300,000

Schools & Community

Neighborhood: 

North Shore

Elementary school: 

Biscayne

Middle school: 

Nautilus

High school: 

Miami Beach

Number of units in community: 

32

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

First Fidelity Funding Corp

Loan start date

December 1996

Original loan amount

$58,500

Est. remaining balance

Not provided

Interest rate

7.78%

Loan type

New Conventional

Seller

Isaias Alonso and Ileana M Alonso

Lender

First Fidelity Funding Corp

Loan start date

December 1996

Original loan amount

$58,500

Est. remaining balance

Not provided

Interest rate

7.78%

Loan type

New Conventional

Seller

Isaias Alonso and Ileana M Alonso

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: 05/31/2024 at 2:34 PM

Listed by: Lisa Martin, Urban Resource LLC Phone #: (786) 620-2727

MLS: SEF #A11572506

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