3449 Merrick Ln, #1408, Margate, FL, 33063 | $299,980

Beautiful, spacious, and filled with natural light, this 2-bedroom, 2. 5-bathroom townhome is located in the gated community of Merrick Preserve. The upgraded kitchen features stylish cabinets and stainless steel appliances, while a newer full-size stackable washer and dryer add convenience on the first floor. Enjoy ceramic tile flooring downstairs and sleek laminate upstairs. The high ceilings in the living, dining, and family rooms create an airy, open feel. Community perks include a resort-style pool, and the neighborhood is known for its safety and friendly atmosphere. Conveniently located near schools, shopping, dining, and major highways like Sawgrass Expressway and the Turnpike. Pet-friendly(under 25 lbs). Investors welcome: It can be rented the first year. Assigned parking space #1408

Features

  • Heating: Central,Electric
  • Cooling: Central Air,Ceiling Fan(s),Electric
  • Levels: 2
  • Amenities: Pool
  • Bedrooms: 2
  • Baths: 2 full / 1 half
  • Complex: MERRICK PRESERVE CONDO
  • Year Built: 2004
  • Common Charge: $379 Monthly
  • Approx Sq. Feet: 1,151
  • Est. Taxes: $6,162
  • View: Garden
  • Pets Allowed: Yes
  • Pet Policy: Conditional,Yes
  • Appliances: Dryer,Dishwasher,Electric Range,Electric Water Heater,Microwave,Refrigerator
  • MLS#: A11704847
  • Days on Market: 16 days
  • Website: https://www.raveis.com
    /prop/A11704847/3449merrickln_margate_fl?source=qrflyer
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Listing courtesy of Keller Williams Elite Properties   Phone: 305-931-2224

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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

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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3449 Merrick Ln, #1408, Margate, FL, 33063

$299,980

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 $239,984 $239,984 $239,984
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 $514 $514 $514
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,658 $1,617 $2,041
Total Monthly Payment $2,247 $2,206 $2,630

* 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.