175 SE 25th Rd # 502, Miami FL 33129

About this residence

Purchase Price $4,295,000 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 $4.061M 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.

Features & amenities

• Dishwasher
• Dryer
• Electric Range
• Electric Water Heater
• Elevator
• Fire Sprinklers
• Has a View
• Has Garage
• Has Waterfront
• Ice Maker
• Microwave
• Open Balcony
• Refrigerator
• Washer

Building & community

Miami, Miami-Dade County. This is a long-term residential lease curated by LAZARO | MIAMI. Minimum monthly rent on MIA.Rentals is $3,500.

Location