Author: Mario Avalos

555 NE 15 ST Unit 19-H Downtown Miami FL $1,700 (RENTED)

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Corner unit on southeast side of building with one parking space (2nd space available for an extra $100/month). Uninterrupted 180-degree view starting at Biscayne Bay around to Downtown Miami and Brickell. Completely updated condo. Kitchen has granite counter-tops, wood cabinetry and stainless steel appliances. Renovated bathroom with walk-in glass shower. Porcelain tiling. Building amenities include vale parking, pool, restaurant, and tennis courts.

Property Details

  • Type of property: Condo
  • City, State and Zip: Miami, FL 33132
  • Living size (sqft): 890
  • Year built: 1980
  • Beds, full baths and half baths: 1 / 1 / 1
  • Water front or access: yes / yes
  • Exterior walls: concrete
  • Floor and pool: porcelain tile/ yes
  • Heating and cooling: central / central
  • Sewer: municipal

Local Schools:

Location:

 

Your Closing Costs When Selling

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In addition to the Realtor commission, as a rule of thumb, you should calculate approximately 1% of the sales prices for closing costs. This expense is broken down into several line items such as doc stamps, attorney fees, etc.

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Happy Mother’s Day Weekend!

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To all the moms; the profound impact you have on us is beyond measure, yet not acknowledged enough. Thank you for all of your unconditional love. Happy Mother’s Day!

Top Agent Panel Hosted By Keller Williams

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Thank you Keller Williams Realty Premier Properties for inviting our company Kirilauscas & Associates Realty to this event!

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Dirt Cheap Money Fueling Home Prices?

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What’s fueling real estate prices? Among many factors, interest rates (or the cost to borrow money). Going back to the late 80s when 30 year mortgage rates where over 15%, fast forward now to 2017, good credit and good credentials will get you about 4%.

Think about the impact that has on, say, on a $500,000 mortgage. At 15% interest rate you are looking at a monthly mortgage payment of just under $8,000! Compute that $500,000 loan at 4%, you are down to $2,500 bucks a month. Huge impact. HUGE!

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Home Prices Up, But So Is Inventory

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I wanted to share with you the latest (downloadable) Miami Dade Single Family Real Estate Stats and give you an opinion of how these numbers are affecting your home value.  Long story short…

  • The rate of sold properties (volume) is flat
  • Prices keep going up
  • And available inventory is increasing

What does this mean to you? The value of your home will continue to appreciate. However, if you know someone that’s thinking about selling, picking the right price and marketing strategy is more crucial than ever given the fact that available inventory (competition) is increasing.

Get Your Home Value or Call (305) 305-1535

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