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$4,500,000

Beds
4
Baths
5.0
sq ft
3,852

851 NE 1st Ave Unit 5211, Miami, FL 33132

851 NE 1st Ave Unit 5211

Miami, FL 33132

  • 240 days on market
    • Price drop $200,000↓
The best penthouse in this line, incredible water views from every single room, 4 rooms, 5 bathrooms, family room, laundry room, lots of storage, fully equipped kitchen and gorgeous open living room. The building itself is perfectly located in the middle of downtown, with easy access to the highways and walking distance from the area, museum park, bayside and brightline station. The lifestyle coordinator of the building is amazing, there is always activities for everyone to enjoy. With the most amenities in downtown the building has tennis courts, soccer field, 5 pools, observatory in at 55th and 58th floors, gym, game room, mini market, coffee shop, bbq and more. Currently rented at $27,000 per month, the lease can be continued or ended as necessary.

Details

Property type

Condominium

Est. home value

$4,416,464

Property condition

New Construction

Lot size

Unknown

Price per sq ft

$1,169

Year built

2019

Annual property taxes

$58,143

Monthly HOA fee

$5,564

Price History

10/30/2024
SEF

SEF #A11578611

Price change
$4,500,000
-4.26%
06/10/2024
SEF

SEF #A11578611

Price change
$4,700,000
-4.08%
04/30/2024
SEF

SEF #A11578611

Listed
$4,900,000
+8.89%

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

Taylor Made Lending Llc

Loan start date

April 2023

Original loan amount

$3,100,000

Est. remaining balance

Not provided

Interest rate

6.32%

Loan type

Balloon

Seller

Ioni Toll Box Llc

Lender

Taylor Made Lending Llc

Loan start date

April 2023

Original loan amount

$3,100,000

Est. remaining balance

Not provided

Interest rate

6.32%

Loan type

Balloon

Seller

Ioni Toll Box 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?

Status: Active

Tomo last checked: 12/26/2024 at 3:20 PM

Listing updated: 10/30/2024 at 10:20 AM

Listed by: Ana Ioni Alvarado, Julies Realty, LLC Phone #: (305) 751-6400

MLS: SEF #A11578611

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