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RARELY available R2 DUPLEX ZONE CORNER LOT with a beautiful traditional 2 Bedrooms,
Den / 3rd bedroom & 1 bath Single family home with wood floors, roof recently done & in an excellent location for a great family to live, expand and enjoy. AN INVESTORS DREAM a perfect ready property to take full potential of the R2 ZONING CORNER LOT to built an additional individual property or attached Townhomes / Duplex for future income profit or rentals. This City of Miami property has a legal alley entrance for access into property runs through 25th Ave & 27th Avenue. DO NOT MISS THIS OPPORTUNITY TO OWN THIS RARE & VALUABLE PROPERTY CLOSE TO SHENANDOAH, CORAL WAY, BRICKELL, THE ROADS, DOWNTOWN, CORAL GABLES, COCONUT GROVE, MIRACLE MILE & THE BEACHES. Call listing agent for appointment! TOUR TODAY!!
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Our Executive Mortgage Banker:
Our Insurance Division:
$739,900
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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---|---|---|---|
Loan Amount | $591,920 | $591,920 | $591,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.867% | 7.159% | 6.538% |
Monthly Tax Payment | $454 | $454 | $454 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,988 | $3,934 | $5,075 |
Total Monthly Payment | $4,534 | $4,480 | $5,621 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.