Income-producing single-family property offered AS-IS and cash only. Tenant in place paying $1,900/month, with long-term occupancy since 2019 and consistent payment history. Active lease through April 30, providing immediate rental income with near-term flexibility for renewal or repositioning. Located in a high-demand rental area of Miami with strong land value and convenient access to major highways, Downtown Miami and Miami International Airport. Ideal opportunity for investors seeking a buy-and-hold or land value play.
Type:
Single-family residential
Laundry Remarks:
Washer Hookup,Dryer Hookup
Subdivision:
FAIRHAVEN GARDENS
Cooling:
Wall/Window Unit(s)
Construction
Frame,Stucco
Lot Description:
< 1/4 Acre
Elementary School:
Pharr; Kelsey L.
Appliances:
Electric Range, Electric Water Heater, Refrigerator
1544 NW 51st Ter, Miami, FL, 33142
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.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
