Investor’s Dream in Cutler Bay! Beautiful 2-bedroom, 2-bathroom 3rd floor condo located in the desirable and gated community of Point South Condos. This well-maintained unit features a comfortable layout, great natural light, and is in good overall condition—ideal for long-term value and steady cash flow. Currently rented, tenant paying $2,300/month, one of the highest rents in the building, providing an impressive 9% return based on the listing price. A perfect turnkey investment! The community offers a swimming pool, security cameras, and electric gates, Elevators, plus a convenient location close to major highways, shopping centers, restaurants, Southland Mall, and with easy access to the Turnpike.
Complex:
POINT SOUTH CONDO
Garage:
Assigned, Guest, One Space
Heating:
Central, Electric
Cooling:
Central Air, Electric
Common Charge:
$483 Monthly
Pet Policy:
Conditional, Yes
Appliances:
Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator
19825 SW 114th Ave, #323, Miami, FL, 33157
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
