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Presented by
Sarah Dixon |
Prime investment opportunity in the path of transformation! This legal duplex sits in Hollywood’s newly rezoned DH-2 (Downtown High Intensity) district—allowing for mixed-use and multifamily development. Property includes a fully updated 1/1 and a spacious 2/1, each with private fenced yards. Major upgrades include new underground plumbing and full city sewer connection. Just blocks from the future Hollywood Station, part of Tri-Rail’s new commuter rail expansion, offering direct access to Aventura, Fort Lauderdale, FLL airport, and Miami. With Hollywood’s $1. 5B+ in active development, proximity to beaches, Hard Rock Stadium, and I-95, this property is perfectly positioned to benefit from explosive area growth.
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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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$535,000
Sales Associate
William Raveis Real Estate
Phone: 617.275.9786
Sarah.Dixon@Raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 413.626.5626
Michele.Welch@raveis.com
NMLS Mortgage Loan Originator ID 293220
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $428,000 | $428,000 | $428,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.730% |
| Monthly Tax Payment | $738 | $738 | $738 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,563 | $2,670 | $3,495 |
| Total Monthly Payment | $3,393 | $3,500 | $4,325 |
* 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.