Amazing investment opportunity, Single family house located in Medley; sitting right on Lake Okeechobee, with beautiful relaxing lake views. This unique income producing property is currently rented, producing a stable $6,500 per month. Very well situated, close to everything, in an extensive industrial and residential area, fantastic rental location for this investment property. Close to the Airport, Okeechobee Road, Palmetto Expressway and other major highways. Schedule your showings at least 24hr prior notice, text listing agent.
Type:
Single-family residential
Subdivision:
11 53 40 FLA FRUIT LAND C
View Description:
Canal, River
Elementary School:
Springview
Middle School:
Miami Springs
High School:
Miami Springs
Appliances:
Electric Water Heater, Dishwasher, Electric Range, Microwave, Other, Refrigerator, Washer
7643 S River Drive, Medley, FL, 33166
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
