19
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 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 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.
| Unit # | Floor | Price | % Change | Beds/Baths | Size (f2) | Size (m2) | $/f2 | $/m2 | Condo Fee | DOM |
|---|---|---|---|---|---|---|---|---|---|---|
| 2803 | 28th | $3,200,000 | -23.44% | 3/3.5 | 0 | 0 | $0 | $0 | $0 | 88 |
| 3103 | 31st | $3,899,000 | -1.29% | 3/3.5 | 1,946 | 181 | $2,004 | $21,567 | $3,404 | 28 |
| 2804 | 28th | $3,900,000 | 3/3.5 | 0 | 0 | $0 | $0 | $3,404 | 19 | |
| 502 | 5th | $3,900,000 | 3/3.5 | 2,105 | 196 | $1,853 | $19,943 | $3,978 | 28 | |
| 2604 | 26th | $3,900,000 | -6.92% | 3/3.5 | 1,946 | 181 | $2,004 | $21,573 | $3,295 | 89 |
| 501 | 5th | $3,900,000 | -9.3% | 3/3.5 | 2,108 | 196 | $1,850 | $19,915 | $3,572 | 96 |
| 702 | 7th | $3,995,000 | -4.88% | 3/3.5 | 1,946 | 181 | $2,053 | $22,098 | $3,404 | 33 |
| 2704 | 21st | $4,210,000 | 3/3.5 | 1,946 | 181 | $2,163 | $23,288 | $3,404 | 33 | |
| 1202 | 12th | $4,230,000 | -13.67% | 3/3.5 | 2,115 | 196 | $2,000 | $21,529 | $3,578 | 84 |
| 2003 | 20th | $4,280,000 | 3/3.5 | 1,946 | 181 | $2,199 | $23,675 | $3,404 | 102 | |
| 2103 | 21st | $4,300,000 | 3/3.5 | 1,946 | 181 | $2,210 | $23,785 | $3,404 | 33 | |
| 801 | 8th | $4,400,000 | 3/3.5 | 2,108 | 196 | $2,087 | $22,468 | $3,584 | 63 | |
| 2703 | 27th | $4,400,000 | 3/3.5 | 1,946 | 181 | $2,261 | $24,339 | $3,404 | 33 | |
| 3003 | 30th | $4,450,000 | 3/3.5 | 1,946 | 181 | $2,287 | $24,615 | $0 | 98 | |
| 1501 | 15th | $4,490,000 | -7.42% | 3/3.5 | 2,108 | 196 | $2,130 | $22,928 | $3,584 | 87 |
This property information is published by Miami Luxury Homes ("MLH"); however, MLH is not responsible for the accuracy of this property information. This information is derived wholly or in part from information found on the multiple listing service ("MLS") and is provided through the Internet Data Exchange ("IDX"). As per this Site's Terms and Conditions of Use, MLH makes no representations or warranties, including those related to the completeness, accuracy, or currency of this information. MLH provides this information solely to assist User in identifying property it may be interested in purchasing. User is expressly directed to verify all information independently. All information is deemed reliable but not guaranteed. -- Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Copyright © 2025 by Miami Luxury Homes. All rights reserved. Listing provided by Paz Realty, LLC.
Follow Us on Social Media
Copyright © 2019-2025 MiamiCondos.com | Michael Light, P.A. - Senior Director of Luxury Sales | Douglas Elliman Real Estate
Miami Web Design
