175 SE 25th Rd # 502, Miami, FL 33129

Description of 175 SE 25th Rd # 502, Miami, FL 33129

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. 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 as of February 2027. 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.

Property Details for 175 SE 25th Rd # 502, Miami, FL 33129

Bathrooms Full

3

Bathrooms Half

1

Interior Features

Elevator, Fire Sprinklers

Appliances

Dishwasher, Dryer, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Washer

Flooring

Marble

Furnished

Unfurnished

Architectural Style

High Rise

Garage Spaces

1

Parking Features

Valet

Pool Features

In Ground, Heated

Pool Private

No

Building Information for 175 SE 25th Rd # 502, Miami, FL 33129

Building Area Units

Square Feet

Association

No

Association Amenities

Activity Room, Elevator(s), Exercise Room, Management On Site

Pets Allowed

Maximum 20 Lbs

Security Features

Fire Sprinklers, Fire Alarm, Smoke Detector, Key Card Entry, Building Security, Lobby Attended, Security Patrol

Property Information for 175 SE 25th Rd # 502, Miami, FL 33129

Waterfront

Yes

Frontage Length

100

View

Bay, Ocean, Direct Ocean

Construction Materials

Concrete Block Construction

Roof

Concrete

Exterior Features

Open Balcony

New Construction

No

Public Records for 175 SE 25th Rd # 502, Miami, FL 33129

County Or Parish

Miami-Dade County

Location