| Listing Status: | Active |
| Rental Price: | $19,500 |
| Price per Sq Ft: | n/a |
| Total Living Area: | 0 sq ft / 0 m2 |
| Bedrooms and Bath | 3 and 3 Full Bathroom 1 half |
| Address: | 175 25th Rd # 502 |
| Location: | |
| Neighborhood: | Brickell |
| Year Built: | |
| MLS # | A11994401 |
| Location Map | View More Units | Contact Agent |
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.
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