175 SE 25th Rd # 502, Miami FL 33129
175 25th Rd, Miami, FL, 33129
175 25th Rd, Miami, FL, 33129Details
- Date added: Added 1 month ago
- Category: Condominium
- Type: Residential
- Status: Active
- Bedrooms: 3
- Bathrooms: 3
- Half baths: 1
- Total rooms: 0
- Area: 2105 sq ft
- Lot size: 0 sq ft
- SubdivisionName: BRICKELL HAMMOCK UNIT NO
- ListOfficeName: Paz Realty, LLC
- GarageSpaces: 1
- View: Bay, Ocean View, Water View
- UnitNumber: 502
- ListAOR: Miami Association of REALTORS®
- EntryLevel: 5
- Rent: 1
- MLS ID: A12041123
Overview
-
Description:
Purchase Price
$3,900,000
This 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.
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Amenities
- Features:
- Security Features: Fire Alarm, Smoke Detector, Doorman, Elevator Secure
- Amenities:
- WindowFeatures: Blinds, High Impact Windows
- ExteriorFeatures: East Of Us1, Open Balcony
- Waterfront available: Yes
- GarageYN: Yes
- AttachedGarageYN: No
- Cooling System: Yes
- PoolPrivateYN: No
- FireplaceYN: No
Location
Video
- Virtual Tour: https://www.propertypanorama.com/instaview/mia/A12041123
Building Details
- Cooling features: Electric
- Year built: 2026
- ArchitecturalStyle: Corner Unit
- NewConstructionYN: No
- Building Name: UNA Residences
- Exterior material: Brick, Concrete Block Construction, Concrete Block With Brick
- Heating: Electric
- Parking: 1 Space