Amazing Opportunity to Own a 6 Unit Multi-Family Complex in the Heart of Fort Lauderdale. This Property Features 6 Fully Furnished Units: 2 2Bed/1 Bath Units, 2 1Bed/1Bath Units and 2 Studios. All The Units Are Fully Equipped with Kitchens and Tons of Closet Space. Property has 10 Parking Spots and On-Site Laundry. All The Units Feature Wood and Tile Floors. Location Offers Easy Access to Port Everglades, Fort Lauderdale-Hollywood International Airport, All Major Roadways, Shopping, Dining, Public Parks and Public Transportation. Just Minutes to the White Sandy Fort Lauderdale Beaches! This property has been on Airbnb management, the yearly revenue is $160k with 86% occupancy (attached document)
505 SE 20th St, Fort Lauderdale, FL, 33316
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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