175 SE 25th Rd 502

KARNEGIS SUB PB 89-91 TRACT A LOT SIZE 47248 SQ FT FAU 01 4140 025 0001 FKA BAY TOWER CONDO Purchase Price
$3,900,000
This provides an opportunity to secure pricing below current listings while the building is just entering its first resale cycle.
Closing can happen as of February 2027.

Can also be rented with option to purchase.

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 $3,661M 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.