175 SE 25th Road Unit 502, Miami, FL 33129

$3,900,000
3
BD
4
BA
2,105
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$3,900,000
MLS#
A12041123
Bedrooms
3
Bathrooms
4
Baths Half
1
Sq. Ft
2,105
Subtype
Condominium
County
Miami-Dade
Subdivision
Brickell Hammock Unit No
Region
2410
Year Built
2026

Property Description

Purchase Price$3,900,000This provides an opportunity to secure pricing below current listings while the building is just entering its first resale cycle.Can be rented with option to purchase.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.

Additional Information

Hoa Fee
$3,978
Hoa Freq
Monthly
Heating
Electric
Cooling
Electric
Exterior Features
Balcony, Outdoor Living Area
Community Features
Home Owners Association
Flooring
Marble
Construction
Brick, Block
Living Area
2,105
Elementary School
Coral Way K-8
High School
Miami
Pets Allowed
Yes

Listing courtesy of Paz Realty, LLC. Contact:

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks