175 Se 25th Road #502, Miami, FL

$19,500

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3

Beds

4

Baths

About 175 Se 25th Road #502

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 as of February 2027. 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.

Features of 175 Se 25th Road #502

MLS® # A11994401
Price $19,500
Bedrooms 3
Bathrooms 4.00
Full Baths 3
Half Baths 1
Type Rental
Sub-Type Apartment
Status Active

Community Information

Address 175 Se 25th Road #502
Area 2410
City Miami
County Miami-Dade
State FL
Zip Code 33129
HOPA Yes

Amenities

Amenities Elevator(s), Fitness Center, Manager On Site, Beach Club Available, Hobby Room
Utilities Cable Available
Parking Valet
# of Garages 1
View Bay, Direct Ocean, Ocean
Is Waterfront Yes
Waterfront None,Bay Front
Has Pool Yes
Pool Heated, In Ground
Subdivision Elevator(s), Fitness Center, Manager On Site, Beach Club Available, Hobby Room

Interior

Interior Features Elevator
Appliances Electric Water Heater, Dryer, Dishwasher, Electric Range, Ice Maker, Microwave, Refrigerator, Washer
Fireplace No

Exterior

Exterior Features Balcony
Windows Blinds
Roof Concrete
Construction Block

School Information

Elementary Coral Way K-8
High Miami

Additional Information

Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficePaz Realty, LLC

Listing Map

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