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$10, 000 Price Reduction – Priced for Immediate Sale! Exceptional investment opportunity in the highly desirable Three Islands community. This solid 2-bed, 2. 5-bath townhome in Venetian West offers immediate rental capability, with projected annual return around 5% — a rare find in today’s South Florida market. Positioned in one of Hallandale Beach’s fastest-evolving neighborhoods, where new development & infrastructure improvements continue to drive long-term appreciation, this property offers both cash flow & upside potential. The residence has been extensively improved: brand-new 2024 roof, hurricane-impact windows and doors, A/C, new refrigerator, resurfaced front & rear patios, motorized outdoor awning. Special assessment has been paid in full by the seller. Ideal prime location: the spacious fenced backyard opens directly to Three Islands Park, providing immediate access to playgrounds, basketball courts, and walking paths — a true extension of your living space. Residents enjoy resort-style amenities including a heated pool, tennis courts, and clubhouse. Maintenance fees conveniently include water, cable, and internet, enhancing the investment appeal and simplifying ownership. Minutes from the beach, Aventura Mall, Gulfstream Park, dining, and major airports, this move-in-ready townhome offers the perfect combination of location, lifestyle, and income potential.
Serious investors and end-users alike — this is the value opportunity in Three Islands.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$440,000
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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $352,000 | $352,000 | $352,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.419% | 5.668% |
| Monthly Tax Payment | $267 | $267 | $267 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,082 | $2,167 | $2,853 |
| Total Monthly Payment | $2,424 | $2,509 | $3,195 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.