13255 SW 16th Ct, Pembroke Pines, FL, 33027 | $1,825,000

15 UNITS WITH TENANTS IN SOUTH FLORIDAS PREMIER ADULT COMMUNITY-CENTURY VILLAGE!!
RARE OPPORTUNITY TO PURCHASE A TURN KEY group of ALL or a SELECT GROUP OF condos. I have curated these condos with the owner to include some of the very best GOLF & WATER views. All have been lovingly renovated with gourmet kitchen cabinetry, granite counters, top appliances, LED lighting, laminate or tiled flooring, tiled patios & new baths & vanities.
All units are owned free and clear with all TITLES HELD BY ONE ENTITY. This should expedite an efficient closing. That same title company has closed all of these units. That same attorney has closed HUNDREDS of CENTURY VILLAGE condos for more than 30 years.
The owner is projecting Annual Gross rental income of approximately $300, 000. With a net income of approximately $125, 000. I can send you a financial overview, when you are interested.
THE PRICE IS $121, 600 er unit.

Features

  • Style: Fourplex
  • Year Built: 1994
  • Heating: Central,Electric
  • Cooling: Ceiling Fan(s),Electric
  • Approx Sq. Feet: 940
  • Est. Taxes: $3,308
  • HOA Fee: $385 Monthly
  • Water Front: Yes
  • MLS#: A11961761
  • Days on Market: 27 days
  • Website: https://www.raveis.com
    /prop/A11961761/13255sw16thct_pembrokepines_fl?source=qrflyer
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Listing courtesy of Beachfront Realty Inc   Phone: 305-405-0615

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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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13255 SW 16th Ct, Pembroke Pines, FL, 33027

$1,825,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,460,000 $1,460,000 $1,460,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.000% 6.125% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.350% 6.259% 6.183%
Monthly Tax Payment $276 $276 $276
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $8,753 $8,871 $12,320
Total Monthly Payment $9,154 $9,272 $12,721

* 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.