$19,50095 days on marketActive

175 SE 25th Road 502, Miami, FL 33129

Miami, FL 33129

Beds

3.5

Baths

Sq Ft

1 car

Garage

Listing Snapshot

List Price	$19,500
Beds	3
Baths	3.5
Living Area	0 sqft

MLS #	1156861890
Status	Active
Days on Market	95

About This Home

Purchase Price$3,900,000This provides an opportunity to secure pricing below current listings while the building is just entering its first resale cycle.Lease Structure:12-month lease$19,500 per monthPurchase Option:Option deposit: $145,500 - equivalent to 3% and credited toward purchase but non-refundable.Rent credit: 40% of rent paid during the lease period applied toward the purchase price = $93,600 ( $19,500 x 12 x .40)9 months into the lease the purchase option should be confirmed.Over a full year, this structure results in approximately $239,000 credited toward the purchase, bringing the effective purchase price to roughly $3,661M if the option is exercised. The buyer may exercise the option to buy once the 12-month holding period is satisfied. This arrangement is particularly useful for someone who would like to secure a position in the building now, and complete the acquisition once the timing aligns.

General Features

Property Type: ResidentialLease
Sub-type: Apartment
Garage Spaces: 1
Parking: Valet
Security: BuildingSecurity,FireAlarm,FireSprinklerSystem,KeyCardEntry,LobbySecured,SmokeDetectors,SecurityGuard
Utilities: CableAvailable

Interior Features

Appliances: Dryer,Dishwasher,ElectricRange,ElectricWaterHeater,IceMaker,Microwave,Refrigerator,Washer
Flooring: Marble
Interior Features: Bathtub,Elevator,LivingDiningRoom,SoakingTub,SeparateShower
Laundry: WasherHookup,DryerHookup
Window Features: Blinds
Furnished: Unfurnished