Apartment in Miami, Florida 3 bedrooms № 2063076

Apartment in Miami, Florida 3 bedrooms № 2063076
ID2063076 $ 19 500
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
/ per year
2063076

Property description

Purchase Price $4,850,000 This 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 month Purchase 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 purchse 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 $4.61M 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.
MLS #: A11994401
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CityMiami
Address175 25 # 502, Miami FL 33129
TypeApartment
Bedrooms3
Parking places1
Price
  • Price
  • per m²
$ 19 500
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
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