$19,500
3
3
n/a
Apartment, Residential Lease
Purchase Price $4,850,000 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 purchse 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 $4.61M 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.
This apartment home located at 175 25 # 502, Miami FL 33129 is currently for rent and has been available on Brickellsold for 3 days. This property is listed at $20K. It has 3 beds, 3 bathrooms, and is N/A square feet. 175 25 # 502, Miami FL 33129 is in Miami county Miami-Dade County.
