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REDUCED to $769,000 DRASTICALLY & AGGRESSIVELY by the Short Sale Lender! OPEN HOUSE THIS SAT & SUN 10am-2pm. Buyer fell through—BACK ON THE MARKET and priced BELOW prior contract amount. Rare opportunity to secure a 1995 CUSTOM-BUILT West Miami home on a LARGE 6,851 SF CORNER LOT, surrounded by 1940s homes yet offering modern construction, VAULTED CEILINGS, OPEN-CONCEPT layout with NO hallways, oversized kitchen/dining area, MASTER SUITE with 3 closets (including TWO WALK-IN CLOSETS), and PRIVATE IN-LAW SUITE with separate entrance—ideal for guests, extended family or rental income. HUGE 39′ COVERED TERRACE for entertaining, plus 40′ SIDE PARKING for BOAT, PICKUP, RV or multiple vehicles. CITY WATER & SEWER, CENTRAL AIR, CENTRAL VACUUM, newer water heater, 5-TON A/C (2021), and ample storage throughout. Updated pricing reflects months of lender negotiations and TRUE market reevaluation. Originally reviewed at $1.3M, then adjusted to $967K, then $899,500—FULL-PRICE offers received but failed due to buyer financing or insufficient funds. Now at $824,000 CASH. Pre-Approved Short Sale: Purchase Price $503,500 PLUS buyer pays fully negotiated mortgage/liens ($320,500). These are NOT City Liens—payoffs locked in. HUGE COST SAVINGS: Taxes based on $503,500—saving approx. $12K+/year. PRIME location near Coral Gables, Nicklaus Hospital, top schools, dining, parks, and expressways. CASH BUYERS ONLY. “As Is.” One of the few modern-built homes in this sought-after area with huge upside.
Listing Updated: 2026-03-07 21:20:19
