BEAUTIFULLY RENOVATED and FULLY FURNISHED Duplex with extra 1 bedroom to rent out for sale in Fort Lauderdale. 7 minutes from the beach, located in between Las Olas Blvd and Wilton Manors! New roof, new plumbing, new impact windows/doors, new everything! Laundry in all units. All furniture & decor will stay. This asset is a high performing Airbnb attracting guests to the vacation city of Fort Lauderdale. The next owner has multiple opportunities to continue the Airbnb, rent out each unit long-term, do a mix of both, or live in one unit and rent out the others either way. This asset received income of approximately $146, 000 annually. All info deemed to be correct but not guaranteed. Buyer and/or buyer's agent to do their due diligence.
No appraisal contingency. Airbnb income is too high.
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $920,000 | $920,000 | $920,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.620% | 6.735% | 6.806% |
Monthly Tax Payment | $967 | $967 | $967 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,967 | $5,891 | $8,078 |
Total Monthly Payment | $7,059 | $6,983 | $9,170 |
* 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.