Recently renovated, turnkey single family home in unincorporated Miami-Dade - a rare find with no leasing restrictions and packed with value. The owner’s retirement creates the perfect opportunity to pick up this beautifully updated low-maintenance property at a great price. Why this one stands out: 1) New Roof in 2021. 2) Convenient RV, trailer, and boat parking with 16 feet of side clearance with a locking gate. 3) Brand new kitchen featuring modern cabinets, countertops, and sinks. 4) Updated bathrooms with new vanities and toilets. 5) Freshly redone beautiful exterior and landscaping. 6) Washer and dryer hookups ready to go. 7) A peaceful and private fenced-in yard perfect for outdoor activities 8) No leasing restrictions and Airbnb friendly, perfect for long-term rentals or short term rental income. 9) Completely lead-free with inspection certificates. This home is move-in ready and versatile, whether for a homeowner looking for a beautiful home with extra flexibility or an investor seeking steady cash flow. 1 mile to I-95, close to South Beach, Wynwood, and Downtown. Investor notes: LTR: 2500+ / mo estimate. Very little nearby competition. STR: 32. 2k gross /yr, at only half year occupancy. Low-maintenance, income-producing. Easy to show. No HOA/CDD. Feel free to soft pitch before writing anything up. Ask me anything, big or small. If this is “NOT ON MY MLS, ” please just reach out to listing agent below for disclosures and MLS info sheet. No assignable contracts accepted.
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $276,000 | $276,000 | $276,000 |
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 | 7.456% | 7.171% | 6.518% |
Monthly Tax Payment | $296 | $296 | $296 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,859 | $1,834 | $2,366 |
Total Monthly Payment | $2,230 | $2,205 | $2,737 |
* 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.