$19,500 /mo

For rent

175 SE 25th Rd #502, Miami FL 33129

3 beds4 bathsMLS# A11994401

Email to a friend

Email this property to a friend

By submitting you agree to be contacted about your request. Privacy policy

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.

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.

Features

  • Waterfront
  • Water view
  • Pool
  • Garage

Property details

Property type
Condo
Parking
1 spaces
Status
For rent
MLS #
A11994401

Listing courtesy of Paz Realty, LLC.

Location

Similar properties

Photo of 19701 NE 16th Pl, Miami FL 33179 For rent
$19,900 /mo

19701 NE 16th Pl

19701 NE 16th Pl, Miami FL 33179
5 bd · 5 ba · 4,197 sq ft
MLS# A12035100 · Listing courtesy of Miles Goldstein Real Estate
Photo of 2204 Notre Dame Drive FL 33460 For rent
$20,000 /mo

College Park Add 2

2204 Notre Dame Drive FL 33460
4 bd · 3 ba · 3,957 sq ft
MLS# B26043820 · Listing courtesy of Douglas Elliman
Photo of 300 Biscayne Blvd Way #4202, Miami FL 33131 For rent
$20,000 /mo

300 Biscayne Blvd Way #4202

300 Biscayne Blvd Way #4202, Miami FL 33131
3 bd · 4 ba · Condo
MLS# A12112020 · Listing courtesy of Compass Florida, LLC