8201 - 8205 NW 15th Ave, Miami, FL, 33147 | $449,000

2-Unit Duplex with HUGE parking lot and 2 fenced backyard(s) in highly sought-after West Little River! This stunning new duplex offers modern living with spacious open floor plans, Laundry Room, and abundant natural light. The 8201 Unit) is being used as 2-bedrooms, 1-bathroom, sleek kitchen with nice countertops, updated appliances, and kitchen has high ceilings with custom cabinetry. The 8205 Unit) features a 1-Bedroom, 1- Bathroom with its own entrance and private Parking. 2 Kitchens, 2 Entrances, 2 Electric Meters, 2 Separate Yards. Each Unit has 2 private entrances, good windows, and energy-efficient systems. Ideal for investors or Homeowners. Prime location just minutes to Downtown, Brickell, and Miami Beach. Don't miss this opportunity to own a luxury income-producing property. Plenty of Parking can fit over 15 Cars or Trucks. Convenient access to highways and easy 15-minute commute to Miami Beach. Big Lot Size: 7, 231. 68 SQ FT (Lot Size 77. 76 X 93). Not In a Flood Zone. Flood insurance is not federally required for properties in FEMA Flood Zone X, even if the property has a federally backed mortgage. This duplex is next to new construction, and the area is seeing a good amount of gentrification. Call to see!

Features

  • Property Type: Multi Family
  • Units: 2
  • Zoning: 0100
  • Year Built: 1952
  • Est. Taxes: $6,899
  • MLS#: A11950761
  • Days on Market: 8 days
  • Website: https://www.raveis.com
    /prop/A11950761/82018205nw15thave_miami_fl?source=qrflyer
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Listing courtesy of Lexico Realty Inc   Phone: 954-328-6498

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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8201 - 8205 NW 15th Ave, Miami, FL, 33147

$449,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $359,200 $359,200 $359,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.000% 5.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.209% 6.178% 5.541%
Monthly Tax Payment $575 $575 $575
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,040 $2,154 $2,888
Total Monthly Payment $2,690 $2,804 $3,538

* 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.