Large duplex in the heart of North Miami, currently being used as a triplex. Each unit is spacious, originally configured as 3 bedrooms and 2 bathrooms, but currently utilized as a 3/1, 2/1, and 1/1. The property generates a total monthly income of $5,400, with rents of $2,000, $2,200, and $1,200 respectively, and offers significant upside potential. Recent upgrades include new impact windows, a 4-year-old roof, and new AC units—one 5 years old and the other less than 2 months old. The property boasts a huge backyard with mango and coconut trees, as well as a pool requiring restoration, making it a unique and charming investment opportunity in this rapidly evolving city!
13341 NE 3rd Ct, North Miami, FL, 33161
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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