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5531 NW 24th AVE, Miami, FL, 33142 | $549,500
Investment Opportunity: Spacious 4-Bedroom, 2-Bath Home for Sale
Don't miss out on this prime investment opportunity! This well-maintained 4-bedroom, 2-bathroom home is a perfect addition to any real estate portfolio or a fantastic starter for new investors. Offering both space and value, this property promises solid rental potential, with room for future appreciation.
Property Features:
4 Bedrooms: Generously sized rooms with plenty of closet space.
2 Bathrooms: Well-appointed with modern fixtures, including a full family bathroom and an en-suite in the master.
Spacious Living Areas: Bright and airy living room, ideal for family gatherings or entertaining guests.
Functional Kitchen: Equipped with ample cabinet space and modern appliances.
Large Yard: Great for outdoor activities or potential for expansion or development (check local zoning).
Parking: Off-street parking with driveway space for multiple vehicles.
Well-Maintained: Move-in ready or ready for a few updates to maximize value.
Located in a growing neighborhood with strong demand for rentals, this home offers an excellent opportunity to generate consistent cash flow or achieve long-term equity growth. Whether you're looking to renovate and resell or hold as a rental, this property has the potential to deliver great returns.
Key Investment Highlights:
High-demand rental area with low vacancy rates
Strong appreciation potential
Solid, low-maintenance property
This property won’t last long, so act fast and secure your next great investment today! Schedule a tour. today
Features
- Amenities: None
- Bedrooms: 4
- Baths: 2 full
- Style: 1 Story/Ranch
- Development: NOT APPLICABLE
- Year Built: 1936
- Heating: Central Electric
- Cooling: Central Electric
- Approx Sq. Feet: 1,031
- Acreage: 0.11
- Est. Taxes: $5,147
- Lot Desc: Other
- View: None/Other
- Community Type: Non-Gated
- Pet Policy: No Approval Needed
- MLS#: 224068381
- Website: https://www.raveis.com
/prop/224068381/5531nw24thave_miami_fl?source=qrflyer
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
5531 NW 24th AVE, Miami, FL, 33142
$549,500
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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $439,600 | $439,600 | $439,600 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.000% | 6.875% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.477% | 7.055% | 6.160% |
| Monthly Tax Payment | $429 | $429 | $429 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,925 | $2,888 | $3,680 |
| Total Monthly Payment | $3,446 | $3,409 | $4,201 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388