For rent
Photo 1 of 32$19,500 /mo
For rent175 SE 25th Rd #502, Miami FL 33129
3 beds4 bathsMLS# A11994401
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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.
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
Location
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