175 SE 25th RD #502, Miami, FL 33129
175 SE 25th RD #502, Miami, FL 33129
175 SE 25th RD #502, Miami, FL 33129
19
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$3,900,000
Est. payment /mo
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3 Beds
4 Baths
2,105 SqFt
New

175 SE 25th RD #502 Miami, FL 33129

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Dennis Stricker

Dennis Stricker

+1(561) 951-3421

UPDATED:

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 2,105 sqft

Price per Sqft $1,852

Subdivision Brickell Hammock Unit No

MLS Listing ID A12041123

Bedrooms 3

Full Baths 3

Half Baths 1

Construction Status New Construction

HOA Fees $3,978/mo

HOA Y/N Yes

Total Fin. Sqft 2105

Year Built 2026

Tax Year 2025

Property Sub-Type Condominium

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.

Location

State FL

County Miami-dade

Community Home Owners Association

Area 2410

Interior

Interior Features Bathtub, Dual Sinks, Elevator, Living/Dining Room, Soaking Tub, Separate Shower, Tub Shower

Heating Electric

Cooling Electric

Flooring Marble

Fireplace No

Window Features Blinds

Appliance Dryer, Dishwasher, Electric Range, Electric Water Heater, Free-Standing Freezer, Disposal, Ice Maker, Microwave, Refrigerator, Washer

Exterior

Exterior Feature Balcony, Outdoor Living Area

Garage Spaces 1.0

Pool Association, Heated

Community Features Home Owners Association

Amenities Available Elevator(s), Library, Pool, Parking, Sauna

Waterfront Description Bayfront,None,Ocean Access

View Y/N Yes

View Bay, Ocean, Water

Porch Open, Balcony

Garage Yes

Building

Story 43

Unit Floor 1

Structure Type Brick,Block

New Construction Yes

Construction Status New Construction

Schools

Elementary Schools Coral Way K-8

High Schools Miami

Others

Pets Allowed Yes

HOA Fee Include Common Areas,Insurance,Maintenance Grounds,Maintenance Structure,Recreation Facilities,Security

Senior Community Yes

Tax ID 0000000005628

Security Features Elevator Secured,Fire Alarm,Lobby Secured,Smoke Detector(s)

Acceptable Financing Cash, Conventional

Membership Fee Required false

Listing Terms Cash, Conventional

Pets Allowed Yes

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12041123

BeachesMLS, Inc. (FLR) IDX
Listed by Francisco G Paz Paz Realty, LLC

Nearby Locations

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Dennis Stricker

Dennis Stricker

Broker Associate | License ID: 3480667

+1(561) 951-3421

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175 SE 25th RD #502