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Discover a spectacular investment opportunity in the heart of Redland, conveniently located near Krome Avenue. This charming single-family home offers 2, 920 square feet of living space on over an acre of land in a quiet and desirable neighborhood. Renovated and updated, the home features a large kitchen with beautiful granite countertops, making it ideal for culinary enthusiasts. Inside, you’ll find five bedrooms and three and a half bathrooms. Each of the three additional bedrooms includes a large closet, providing ample storage space throughout the home. The master bedroom is especially spacious, featuring a huge bath and a closet designed to accommodate everyone’s needs. The property is securely enclosed by a durable galvanized metal fence, ensuring privacy and security. On the side of the property, there’s a large open area perfect for storage, projects, or a small business setup. The lot also features two different kinds of avocado trees along with mango and lychee trees, offering a delightful variety of homegrown fruit. The property included a dedicated animal shelter with some divided sections, suitable for birds, pigs, and other farm animals. The property also includes a large metal tank and additional small cement tanks, all set up and ready for fish farming or other aquaculture use.
Built with a durable brick exterior, this home combines lasting quality with charm, making it a truly exceptional find.
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Our Executive Mortgage Banker:
Our Insurance Division:
$895,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $716,000 | $716,000 | $716,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.875% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.142% | 5.972% | 5.826% |
| Monthly Tax Payment | $997 | $997 | $997 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,065 | $4,235 | $5,898 |
| Total Monthly Payment | $5,154 | $5,324 | $6,987 |
* 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.