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$189,000

Beds
Unknown
Baths
1.0
sq ft
390

842 Meridian Ave Unit 2G, Miami Beach, FL 33139

842 Meridian Ave Unit 2G

Miami Beach, FL 33139

  • 36 days on market
Capitalize on this prime investment opportunity with a spacious studio ideally situated in the heart of South Beach, mere steps from the beach. Its coveted location provides unparalleled access to South Beach’s vibrant nightlife, dining, and entertainment, ensuring high rental demand and strong return potential. **Fully Renovated** Updated with modern finishes, ready for immediate rental. **Move-In Ready** Immediately available for occupancy or renting. **High Rental Yield** Situated in a high-demand area, guaranteeing consistent rental rates. **Strong Rental Demand** Located in a high-demand area, securing consistent rental income and lower vacancy rates. **Proven Rental Income** Established track record of high, stable rental income.

Details

Property type

Condominium

Est. home value

$185,740

Lot size

Unknown

Price per sq ft

$485

Year built

1925

Annual property taxes

$2,354

Monthly HOA fee

$339

Price History

08/16/2024
SEF

SEF #A11642605

Listed
$189,000

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

National City Mortgage Co

Loan start date

February 2004

Original loan amount

$68,000

Est. remaining balance

$34,790

Interest rate

5.85%

Loan type

Not Provided, 30 year

Seller

Daniel Schapiro and Robyn Schapiro

Lender

National City Mortgage Co

Loan start date

February 2004

Original loan amount

$68,000

Est. remaining balance

$34,790

Interest rate

5.85%

Loan type

Not Provided, 30 year

Seller

Daniel Schapiro and Robyn Schapiro

Lender

Accubanc Mtg

Loan start date

August 2001

Original loan amount

$53,100

Est. remaining balance

Not provided

Interest rate

7.14%

Loan type

New Conventional

Seller

Robyn Schapiro

Lender

Accubanc Mtg

Loan start date

August 2001

Original loan amount

$53,100

Est. remaining balance

Not provided

Interest rate

7.14%

Loan type

New Conventional

Seller

Robyn Schapiro

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: 09/21/2024 at 2:35 AM

Listing updated: 08/16/2024 at 10:27 PM

Listed by: Daniel Tamir, Empire R.E. Consulting, LLC Phone #: (305) 413-6839

MLS: SEF #A11642605

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