$19,500 / Month

FOR RENT

175 SE 25th Rd 502

Miami, Fl, 33129

MLS #A11994401

Subdivision: -

Building: 175 SE 25th Rd

3 Beds

3/1 Baths

- sqft

$ - /sqft

Property Details

Purchase Price$4,295,000This 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 $4.061M 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.

Property Features

-

Property Type
Rental Condos
HOA Fee/Monthly
-
HOPA
No
Membership Fees
-
Appliances
Dryer,Dishwasher,ElectricRange,ElectricWaterHeater,IceMaker,Microwave,Refrigerator,Washer
Restrictions
-
Furnished
Unfurnished
Flooring
Marble
No. of Floor
-
Terms Considered
-
Year Built
-
Cooling
-
Pets Allowed
SizeLimit,Yes
Amenities
Elevators,FitnessCenter,HobbyRoom,Management
Interior
LivingDiningRoom,Elevator
Maintenance Fee Includes
-
Governing Bodies
-
Construction
Block
Security
BuildingSecurity,KeyCardEntry,LobbySecured,SecurityGuard,FireSprinklerSystem,SmokeDetectors
Heating
-
Garage/Carport
1
Dining Area
-
Exterior
Balcony,SecurityHighImpactDoors
Pet Restrictions
No
Parking
Valet
Application Fee
-
Water Access
-
Pool
Yes
Gated Community
-
Status
Active
Listing Office
Paz Realty LLC

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Listing Courtesy of: Paz Realty LLC