175 25 Unit 502 Miami, FL 33129

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.