2332 SE 16th Terrace, Homestead, FL, 33035 | $385,000

Experience the space of a single-family home in this upgraded 3BR, 2. 5BA townhome with nearly 2, 000 sq ft. Soaring cathedral ceilings and an open layout make it perfect for modern living. The kitchen features stainless steel appliances, granite counters, and an updated walk-in pantry. Smart switches and a new Honeywell thermostat add convenience. Enjoy tile floors downstairs and newer vinyl upstairs. The master suite boasts a private balcony with gorgeous sunset views, walk-in closet, and spa-like ensuite. Two guest rooms share a Jack & Jill bath. Outside, entertain on the stamped patio with a pizza oven and no rear neighbors. Includes 2-car garage, and full laundry room. Monthly HOA covers AT&T U-verse internet, DirecTV cable, frontyard landscaping, community pool, & exterior maintenance Noteworthy Mentions: Roof 2015 HVAC 07/2014 HWH 09/2014 New Vinyl Flooring in Bedrooms/Stairs/Hallways 2022 Outdoor Pizza Oven Fenced in Patio Updated Walk-in Pantry with floor to ceiling shelving Updated home with Smart Switches Ring Camera System Newer Honeywell Home Thermostat (controlled through app or Google Home) Partitioned off garage with Utility wall (used as Home office, can be converted back for more garage space)

Features

  • Amenities: Pool
  • Rooms: 4
  • Bedrooms: 3
  • Baths: 2 full / 1 half
  • Laundry: Laundry Closet, In Garage, Inside, Washer Hookup
  • Year Built: 2015
  • Garage: 2-car Attached
  • Heating: Central
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Approx Sq. Feet: 1,991
  • Acreage: 0.06
  • Est. Taxes: $3,910
  • HOA Fee: $355 Monthly
  • View: Garden
  • Pet Policy: Yes, Number Limit, Pet Restrictions Possible
  • Appliances: Electric Water Heater, Dryer, Disposal, Dishwasher, Electric Range, Free-Standing Freezer, Ice Maker, Microwave, Refrigerator, Water Heater, Washer
  • MLS#: R11163835
  • Website: https://www.raveis.com
    /prop/R11163835/2332se16thterrace_homestead_fl?source=qrflyer
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Joyce GerraughtyBroker Associate

508.930.3188

Joyce.Gerraughty@raveis.com

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Michael CartierVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1017266

508.335.8179

Michael.Cartier@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

2332 SE 16th Terrace, Homestead, FL, 33035

$385,000

Joyce Gerraughty

Broker Associate

William Raveis Real Estate

Phone: 508.930.3188

Joyce.Gerraughty@raveis.com

Michael Cartier

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 508.335.8179

Michael.Cartier@raveis.com

NMLS Mortgage Loan Originator ID 1017266

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $308,000 $308,000 $308,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.625% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.133% 6.739% 5.952%
Monthly Tax Payment $326 $326 $326
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,773 $1,972 $2,558
Total Monthly Payment $2,174 $2,373 $2,959

* 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.