1425 Arthur St, #315B, Hollywood, FL, 33020 | $114,900

Location, Location, Location! Your Tropical Paradise awaits close to the famed beach Broadwalk and downtown Hollywood, in desirable location East of US 1! Opportunity to own in a boutique condominium at such a remarkable price for less than assessed value! Just a few minutes from Hollywood/Fort Lauderdale International Airport as well as Port Everglades cruise ships, Convention Center, Beach & Nature preserves! Condo being painted, Quaint One bedroom condominium with 1. 5 bath, beautiful laminate and tile floors and lots of closet space with built in shelves. Main bath has a window (many condos don't have windows in bathrooms). The floor plan is well distributed with a spacious bedroom an open dining room & a window from the kitchen, as well as a separate entrance. Spend relaxing moments in the screened balcony/front porch facing the pool area. Building is across the street from a Golf Course and only 2 miles from the beach. Unit has an assigned parking space #25 in front of the building & a separate storage area, as well as bicycle storage. There is a special assessment of $165 per month, the building will be painted and the structure has been reinforced to comply with the 40 year recertification; buyer will be responsible for the remaining portion of the assessment. The building is undergoing the renovations so please pardon its appearance; work is scheduled to be completed within the next month.

Features

  • Heating: Central,Electric,Heat Pump
  • Cooling: Central Air,Electric
  • Levels: 5
  • Amenities: Bike Storage,Clubhouse,Pool,Sauna,Storage,Trash,Elevator(s)
  • Rooms: 1
  • Bedrooms: 1
  • Baths: 1 full / 1 half
  • Complex: SANTA MONICA CONDOMINIUM
  • Year Built: 1967
  • Common Charge: $845 Monthly
  • Approx Sq. Feet: 597
  • Est. Taxes: $3,068
  • View: Garden
  • Elem. School: Hollywood Centl
  • Middle School: Olsen
  • High School: South Broward
  • Pets Allowed: Yes
  • Pet Policy: Size Limit,Yes
  • Appliances: Electric Range,Microwave,Refrigerator
  • MLS#: A11971060
  • Days on Market: 60 days
  • Website: https://www.raveis.com
    /prop/A11971060/1425arthurst_hollywood_fl?source=qrflyer
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Listing courtesy of Jonathan Solomon Realty   Phone: 888-982-5883

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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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1425 Arthur St, #315B, Hollywood, FL, 33020

$114,900

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 $91,920 $91,920 $91,920
Term 360 months 360 months 180 months
Initial Interest Rate** 6.250% 6.490% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.474% 6.640% 5.972%
Monthly Tax Payment $256 $256 $256
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $566 $580 $763
Total Monthly Payment $897 $911 $1,094

* 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.