1881 Middle River Dr, #402, Fort Lauderdale, FL, 33305 | $429,000

Very Spacious 3/2 ~Now vacant and easy to see!~ In East Fort Lauderdale on The Middle River in Coral Ridge. 'A' rated Bayview Elementary School District. Corner unit updated with Bamboo flooring in living areas and Bedrooms. White Shaker cabinetry/ Granite countertops/ Impact Windows/ Plantation Shutters. Master bathroom has dual vanities. 2nd bathroom is a 'Jack and Jill' between the other two bedrooms. Gorgeous views of the Middle River. Convenient to downtown, shopping, dining, Ft. Lauderdale Beach, Holy Cross and Imperial Point Hospitals, and schools. Assigned under building parking and secured lobby. Beautifully maintained pool on the river. Investors can rent immediately. No Washer and dryer in unit. Association does not maintain reserves, so 25% down if financing.

Features

  • Heating: Central
  • Cooling: Central Air
  • Levels: 7
  • Amenities: Laundry,Barbecue,Picnic Area,Pool,Storage,Elevator(s)
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Common Area
  • Complex: MIDDLE RIVER TOWER CONDO
  • Year Built: 1970
  • Common Charge: $557 Monthly
  • Approx Sq. Feet: 1,525
  • Est. Taxes: $5,573
  • View: River,Water
  • Water Front: Yes
  • Elem. School: Bayview
  • Middle School: Sunrise
  • High School: Fort Lauderdale
  • Pets Allowed: Yes
  • Pet Policy: Cats OK,Yes
  • Appliances: Dishwasher,Disposal,Refrigerator,Self Cleaning Oven
  • MLS#: A11617842
  • Days on Market: 156 days
  • Website: https://www.raveis.com
    /prop/A11617842/1881middleriverdr_fortlauderdale_fl?source=qrflyer
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Listing courtesy of Marant & Associates Inc   Phone: 954-434-3934

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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1881 Middle River Dr, #402, Fort Lauderdale, FL, 33305

$429,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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
Loan Amount $343,200 $343,200 $343,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.375% 7.125% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.474% 7.282% 6.412
Monthly Tax Payment $464 $464 $464
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,370 $2,312 $2,919
Total Monthly Payment $2,909 $2,851 $3,458

* 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.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.