tomo logo

$450,000

Beds
Unknown
Baths
1.0
sq ft
666

851 NE 1st Ave Unit 505, Miami, FL 33132

851 NE 1st Ave Unit 505

Miami, FL 33132

  • 61 days on market
    • Price drop $25,000↓
VACANT and ready to move this studio unit opportunity. This unit can be Rent 11 time a year with 31 days minimum. All offers have to include pre-approval letter or proof of funds.

Details

Property type

Condominium

Est. home value

$527,334

Lot size

Unknown

Price per sq ft

$676

Year built

2019

Annual property taxes

$8,773

Monthly HOA fee

$962

Price History

04/04/2025
SEF

SEF #A11736643

Price change
$450,000
-5.26%
02/01/2025
SEF

SEF #A11736643

Listed
$475,000
01/12/2025
SEF

SEF #A11516066

Removed
$475,000

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

A&D Mortgage Llc

Loan start date

November 2019

Original loan amount

$234,360

Est. remaining balance

Not provided

Interest rate

5.75%

Loan type

New Conventional, 30 year

Seller

Lerotamel Corp

Lender

A&D Mortgage Llc

Loan start date

November 2019

Original loan amount

$234,360

Est. remaining balance

Not provided

Interest rate

5.75%

Loan type

New Conventional, 30 year

Seller

Lerotamel Corp

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: 04/04/2025 at 3:40 PM

Listing updated: 04/04/2025 at 10:21 AM

Listed by: Luis Carmona, One World Properties Phone #: (954) 514-7492

MLS: SEF #A11736643

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