Home Ā» Miami Ā» 1122 SW 87 aven unit A-5, Miami, FL 33174 | A11498932

1122 SW 87 aven unit A-5, Miami, FL 33174 | For Sale

$398,000
Price has decreased by $27,000

Property Highlights

Listing ID A11498932 Status of this Listing: Active For Sale Property Type Residential Condominium 3 Bedrooms 2 Bathrooms Total 2 Full Bath Living Space 1,136 Sqft/105.54 m2 approx. Building Area 1,136 Sqft/105.54 m2 approx. Year Built 1981 Lease Term Minimum Duration: 360 What it means?Refers to a regulation set by the property association, stipulating that each rental agreement for the property must be for a duration of at least 360 days. This rule ensures that every time the property is rented out, the lease term cannot be shorter than the specified minimum period. Time of this property on Rebonus 117 Day(s)
17 Photos of this Property

1122 SW 87 aven unit A-5, Miami, FL 33174

Property Description: Amazing opportunity to own this condo with 3 bedrooms/2 bathrooms in one of the most desirable areas of Miami. This is a great opportunity with a lot of potential for a small family or an investor in the rental market. This home offers an open living area, tile flooring, a large master bedroom, ample closet. Fully fenced backyard to enjoy with the family! Impact windows and doors. The condominium does NOT have reserves. Centrally located with easy access to the Palmetto Expressway, shopping centers and close to FIU University. Kitchen Cabinets need to be replaced. THE WATER IS INCLUDED. OWNER FINANCING: 30% DOWN, $297,500. PURCHASE MONEY MORTGAGE, 15 YRS. P & I, 8% YR. INT, NON-ASSUMABLE MTG 'E, $10,000 PREPAYMENT PENALTY FIRST 10 YRS.Ā  Don 't miss out on this fantastic opportunity!

Useful Info

Previous Asking Price:$425,000
Original List Price:$425,000
If Bank REO, Short Sale, As Is, etc.:
  • Listed As-is

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Entry Level (floor):1
Entry Level Location:1
Construction Materials:
  • Block
Flooring:
  • Tile
Number of stories:1

Property Features

View from the Property:
  • Garden
Waterfront:No
Appliances:
  • Refrigerator
  • Electric Range
Interior Features:
  • Eat-in Kitchen
  • First Floor Entry
  • Breakfast Area
  • Bedroom On Main Level
  • Bay Window
  • Separate Shower
Exterior Features:
  • Fence
  • Patio
Patio and Porch Features:
  • Patio
Window Features:
  • Impact Glass
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central
  • Electric
Property Entrance Faces:
  • East

Taxes and Expenses

Tax Annual Amount:$3,860

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiserā€™s Office.

Tax Year:2022
Association Fee:$433
Association Fee Frequency:
  • Monthly
Property Tax Status:Tax Reflects No Homestead Tax

Terms

Disclosures:
  • Seller Disclosure
Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Call Agent
Buyer Possession:
  • Closing & Funding
Lease Considered:No

Community

Pets Allowed?:
  • Yes
  • Conditional
Subdivision Name:LARO GALLOWAY VILLAS COND
Association Fee Includes:
  • Water
Complex Name:LARO GALLOWAY VILLAS
Senior Community:No
Development Name:LARO GALLOWAY VILLAS
Restrictions: No Truck, OK To Lease

Parking

Garage:Yes
Garage Spaces:2
Covered Spaces:2
Parking Features:
  • Garage
  • Two Or More Spaces
  • Assigned
  • Guest
  • Other
  • Detached

Public Schools Assigned

Note: provided by seller, please contact the school district to confirm the school assignment for this property address.

Elementary School:Everglades
High School:Miami Coral Park
Middle Or Junior School:Rockway

More Details

Other Information:
Unit View: Garden View
Housing Older Persons Act: Unverified
Unit Design: Interior Hall
Type of Association: Condo
Minimum Number of Days for Lease: 360
Type of Governing Bodies: Condominium
Tax Information: Tax Reflects No Homestead Tax
Number of times allowed to lease per year: 1
Flood Zone : AH
Homeowner's Association Application Fee: 150
Rooms Description: Family Room
Style: Townhouse Condo
FEMA Flood Zone Designations: AH
Municipal Code: 30
Subdivision Number: 88

Zoning and Legal

Tax Legal Description:LARO GALLOWAY VILLAS CONDO I UNIT A-5 UNDIV 8.830% INT IN COMMON ELEMENTS OFF REC 11025-1387 OR 11145-59 16258-3248 0681 1 COC 22747-3656 06
Real Estate Folio Number (Parcel Number):30-40-09-088-0050
Public Survey Township:30
Public Survey Range:40
Public Survey Section:9

Listing History

Update/EventDate/Days
Published Date:December 11, 2023 2:37 pm
On Market Date:December 11, 2023
Price Change Date Time:March 20, 2024 9:01 am
Last Important Update Description:Price Change
Date and Time of Last Important Update:March 20, 2024 9:01 am
Status Last Changed:December 11, 2023 2:37 pm
Photos Last Modified:December 11, 2023 7:54 pm
Last Modified:April 6, 2024 6:30 pm
Days on the Market Reference Date:April 6, 2024
Days on the Market (updated on Last Modified*):117
Cumulative Days on the Market (updated on Last Modified**):117

Additional Information

Unit Location:Interior Hall
Number of Photos Count:17
Area:40
Ref ID:1052307103
Courtesy of:Century 21 World Connection
Universal Property Id:US-12025-N-3040090880050-R-N

Location

Show Property Address:Yes
Street Name:87 aven unit A-5
Street Number:1122
Street Direction Prefix:SW
Street Address:1122 SW 87 aven unit A-5
City : Miami
State : Florida
Zip Code : 33174
County : Miami-Dade County
Full Address:1122 SW 87 aven unit A-5, Miami, FL 33174
Latitude:N25° 45' 34''
Longitude:W81° 39' 48''

Neighborhood

Postal City:Miami

Property Map

Mortgage Calculator

Mortgage Calculator

Please note: The calculator shows the current listing asking price as home value. Update all fields at your convenience.

Calculate Your Mortgage Payment

$.00
$.00
6.5
30

Taxes and Insurance

$.00
$.00
%

Financial Analysis

%

%

$

$

$

$

$