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About This Property
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.
Property Features
County
Miami-Dade County
Section
40
Area
0
Subdivision
BRICKELL HAMMOCK UNIT NO
Interior
Lobby, First Floor Entry, Elevator, Family Room
Cooling
Electric
Bedrooms
3
Floors
Marble
Full Baths
3
Appliances
Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Free-Standing Freezer, Washer
Heating
Electric
Style
Corner Unit
Garage Spaces
1
Construction/Exterior
Concrete Block Construction, Brick, Concrete Block With Brick
Patio / Deck Description
Open Balcony
Exterior
East Of Us1, Open Balcony
Has a Pool
Possession
Lot Size in Acres
Water
Sewer
Lot Size in Sq. Ft.
0
Has Waterfront
Yes
Parking Description
1 Space
View
Bay, Ocean View, Water View
Has Garage
Yes
Roof/Attic
Senior Community
No
Other Utilities
Property Type
Residential
Pets
Property SubType 2
Condominium
Tax Year
2025
Year Built
2026
Tax Amount
$0
APN
NA
Square Feet Source
NA
Map
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