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$980,000

Beds
2
Baths
3.0
sq ft
1,498

851 NE 1st Ave Unit 2308, Miami, FL 33132

851 NE 1st Ave Unit 2308

Miami, FL 33132

  • 348 days on market
    • Price drop $70,000↓
INVESTOR’S DREAM! Tenants paying $7k/month, lease ends April 15 2025. Sellers very motivated – $35k credit to buyer if sold by December! Lowest priced, highest floor 08 line in the building and fully furnished! Spacious 2 bedroom + den (convertible to a bedroom), private elevator, stunning sunset views, and a large covered balcony. Paramount MWC is located in Miami’s rapidly growing neighborhood, steps from restaurants, the Kaseya Center (Miami Heat arena) & the upcoming Apple Store. Amenities include 5 pools, a luxury gym, half basketball court, and rooftop pool with 360° views of Miami& more!

Details

Property type

Condominium

Est. home value

$1,157,429

Lot size

Unknown

Price per sq ft

$655

Year built

2019

Annual property taxes

$19,869

Monthly HOA fee

$2,163

Price History

10/28/2024
SEF

SEF #A11499463

Price change
$980,000
-6.67%
01/05/2024
SEF

SEF #A11499463

Price change
$1,050,000
-8.7%
12/11/2023
SEF

SEF #A11499463

Listed
$1,150,000
+15%

Schools & Community

Neighborhood: 

Downtown

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

Rbi Mortgages Llc

Loan start date

August 2022

Original loan amount

$525,000

Est. remaining balance

Not provided

Interest rate

5.81%

Loan type

Commercial

Seller

Matthew Leonard

Lender

Rbi Mortgages Llc

Loan start date

August 2022

Original loan amount

$525,000

Est. remaining balance

Not provided

Interest rate

5.81%

Loan type

Commercial

Seller

Matthew Leonard

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: 11/23/2024 at 4:05 PM

Listing updated: 10/28/2024 at 2:25 PM

Listed by: Calli Henley, Douglas Elliman Phone #: (305) 677-5000

MLS: SEF #A11499463

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