About this Property
OPEN HOUSE SAT & SUN, 11 AM–3 PM! DRASTICALLY & AGGRESSIVELY REDUCED to $824,000 by the Short Sale Lender! Buyer fell through—BACK ON THE MARKET and priced BELOW prior contract amount. Rare opportunity to secure a 1995 CUSTOM-BUILT West Miami home on a LARGE 6,851 SF CORNER LOT, surrounded by 1940s homes yet offering modern construction, VAULTED CEILINGS, OPEN-CONCEPT layout with NO hallways, oversized kitchen/dining area, MASTER SUITE with 3 closets (including TWO WALK-IN CLOSETS), and PRIVATE IN-LAW SUITE with separate entrance—ideal for guests, extended family or rental income. HUGE 39' COVERED TERRACE for entertaining, plus 40' SIDE PARKING for BOAT, PICKUP, RV or multiple vehicles. CITY WATER & SEWER, CENTRAL AIR, CENTRAL VACUUM, newer water heater, 5-TON A/C (2021), and ample storage throughout. Updated pricing reflects months of lender negotiations and TRUE market reevaluation. Originally reviewed at $1.3M, then adjusted to $967K, then $899,500—FULL-PRICE offers received but failed due to buyer financing or insufficient funds. Now at $824,000 CASH. Pre-Approved Short Sale: Purchase Price $503,500 PLUS buyer pays fully negotiated mortgage/liens ($320,500). These are NOT City Liens—payoffs locked in. HUGE COST SAVINGS: Taxes based on $503,500—saving approx. $12K+/year. PRIME location near Coral Gables, Nicklaus Hospital, top schools, dining, parks, and expressways. CASH BUYERS ONLY. “As Is.†One of the few modern-built homes in this sought-after area with huge upside.
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Disclaimer
MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved. This property is courtesy of London Foster Realty.
