Great Deal in South of Fifth! Very nicely kept studio converted to a 1 bedroom in the heart of South of Fifth, corner of Meridian and 3rd street, blocks from the beach, dinning, and all that Miami Beach has to offer! Unit offers upgraded bathroom, central AC is 2 years old, 1 covered parking spot right outside the unit , very naturally bright! Only 14 units in the building which soon will all have impact front doors and windows, super low condo fee with laundry facility in the back! Investors welcome!
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2 days ago
Listing updated with changes from the MLS
a month ago
Price changed to $172,900
3 months ago
Listing first seen online
Condo 1-4 Stories
Concrete Block Construction
Electric Water Heater
First Floor Entry
820 THIRD ST
Listing Courtesy of: One Sotheby's International Realty
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Miami, Palm Beach and Ft Lauderdale MLS Search WIKI INFO:
A multiple listing service (MLS, also multiple listing system or multiple listings service) is a suite of services that enables real estate brokers to establish contractual offers of compensation (among brokers), facilitates cooperation with other broker participants, accumulates and disseminates information to enable appraisals, and is a facility for the orderly correlation and dissemination of listing information to better serve broker’s clients, customers and the public. A multiple listing service’s database and software is used by real estate brokers in real estate (or aircraft brokerin other industries for example), representing sellers under a listing contract to widely share information about properties with other brokers who may represent potential buyers or wish to cooperate with a seller’s broker in finding a buyer for the property or asset. The listing data stored in a multiple listing service’s database is the proprietary information of the broker who has obtained a listing agreement with a property’s seller.
Purpose and benefits
The primary purpose of an MLS is to provide a facility to publish a “unilateral offer of compensation” by a listing broker, to other broker participants in that MLS. In other words, the commission rate that is offered by the listing broker is published within the MLS to other cooperating brokers. This offer of compensation is considered a contractual obligation, however it can be negotiated between the listing broker and the broker representing the buyer. Since the commission for a transaction as well as the property features are contained in the MLS system, it is in the best interests of the broker participants (and thereby the public) to maintain accurate and timely data.
The additional benefit of MLS systems is that an MLS subscriber may search an MLS and retrieve information about all homes for sale by all participating brokers. MLS systems contain hundreds of fields of information about the features of a property. These fields are determined by real estate professionals who are knowledgeable and experienced in that local marketplace, whereas public real estate websites contain only a small subset of property data.