$230,000

1 Bath   Condo
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14th St Apt 206
Miami Beach, FL 33139

Potential Profit
$3,208

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Status: Inactive
Listing ID: 58802509
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Learn about 14th St Apt 206 in Miami Beach, FL

This condo property is available as a rent to own at 14th St Apt 206. Based on our analysis of the current market conditions in Miami Beach for 14th St Apt 206 and comparable listings, the estimated market value is $228,591. The property located at condo has potential equity of $3,208. If purchased for rental purposes, the monthly rental rate could range between $1,261 and $1,880. For those interested in resale, the estimated profit from selling is $3,208. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at 14th St Apt 206 are updated daily along with others in Miami Beach, Florida.


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Property Information

  • Price: $230,000
  • Bathrooms: 1
  • Full Baths: 1
  • Total Square Feet: 475
  • Year Built: 1939
  • Source ID: A11289595
  • Day(s) On Site: 216
  • Subdivision: The Bayliss Condo
  • Property Type: Condo
  •  

Public Records

  • Baths: 1
  • Full Baths: 1
  • Year Built: 1939
  • APN: 02-3234-191-0140
  • Property Type: Condominium
  • Township: NORTH DADE--MAP LOCATION
  • Subdivision: BAYLISS CONDO THE
  •  

Rent to Own

The property located at 14th St Apt 206 in Miami Beach, FL is listed as a Rent to Own

Rent to own properties like 14th St Apt 206 in Miami Beach, Florida are ideal for homebuyers who are on the fence and not quite ready to go "all in" on a specific real estate investment. It's basically like taking a home for a "test drive," getting to know the neighbors, local school districts in Miami Beach, Florida and community benefits (and drawbacks) before making the all-important decision to buy.

First Steps to Buying a Rent To Own Home

This type of real estate deal entails an agreement to rent a property with the option to purchase it at a predetermined date and price. Under some structures a portion of the rent paid during the lease period can be applied to the purchase price. Also, during the lease period, the purchaser/lessee can use that time to save for a larger down payment or fix personal credit issues. As a third incentive, the purchaser/lessee can move into the property, get to know it thoroughly, get to know the neighborhood, and either complete the purchase or walk away from it, if the property turns out to not be suitable for him. For the seller, the rent to own option adds value to the sale of the property and broadens the market for potential buyers.

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Rental Value

The estimated rental value for 14th St Apt 206 located in Miami Beach, FL is $1,570/month. Comparable homes around 14th St Apt 206 that are rentals have monthly ranges starting as low as $1,261 per month and as high as $1,880 per month. An owner looking to use this property as an investment could bring a return in the area of $1,261 - $1,880 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.

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14th St Apt 206
Miami Beach, FL 33139

1 Bath   Condo

$230,000

Status: Inactive Listing ID: 58802509

Property Information

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Public Records

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Property Description

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Listing URL

https://static.foreclosure.com/listing/address.html?address=14th-St-Apt-206-Miami-Beach-FL-33139/58802509_lid

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