175 SE 25th Rd #502 Miami, FL 33129
3 Beds
4 Baths
2,105 SqFt
UPDATED:
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 2,105 sqft
Price per Sqft $1,852
Subdivision Brickell Hammock Unit No
MLS Listing ID A12041123
Bedrooms 3
Full Baths 3
Half Baths 1
HOA Fees $3,978/mo
HOA Y/N Yes
Min Days of Lease 365
Leases Per Year 1
Year Built 2026
Tax Year 2025
Property Sub-Type Condominium
Property Description
$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.
Location
State FL
County Miami-dade
Community Brickell Hammock Unit No
Area 32
Interior
Interior Features Bathtub, Dual Sinks, First Floor Entry, Living/Dining Room, Separate Shower, Tub Shower, Elevator
Heating Electric
Cooling Electric
Flooring Marble
Window Features Blinds,Impact Glass
Appliance Dryer, Dishwasher, Electric Range, Electric Water Heater, Freezer, Disposal, Ice Maker, Microwave, Refrigerator, Washer
Exterior
Exterior Feature Balcony, Security/High Impact Doors
Garage Spaces 1.0
Pool Association, Heated
Amenities Available Elevator(s), Library, Pool, Sauna
Waterfront Description Bayfront,Ocean Access
View Y/N Yes
View Bay, Ocean, Water
Porch Balcony, Open
Garage Yes
Private Pool Yes
Building
Structure Type Brick,Block
New Construction true
Others
Pets Allowed Yes
HOA Fee Include Common Areas,Insurance,Maintenance Structure,Parking,Recreation Facilities,Security
Senior Community No
Restrictions Okay to Lease 1st Year
Tax ID 00-00-00-000-5628
Security Features Door Man,Elevator Secured,Smoke Detector(s)
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Pets Allowed Yes
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12041123
