Spacious 4BR/2BA home with potential for a 5th bedroom, located in the highly desirable Redland area of Homestead. Built in 2004, this 2, 061 sqft home sits on nearly half an acre and offers privacy, space, and income potential.
Modern kitchen, double boat entry gates, and a huge 2, 400 sqft concrete pool deck with a 16x35 ft pool — perfect for entertaining. Large covered terrace plus outdoor kitchen. Fully fenced property with access on both sides.
AC 2021 (under warranty), Water Heater 2022, Tile Roof 2005. Washer & Dryer included. Well & city water. 7 security cameras installed.
Excellent Airbnb potential — only 45 minutes to Key Largo, 25 minutes to Baptist Health Homestead Hospital, and close to South Dade Park.
Ideal as a primary residence, vacation home, or investment property.
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Our Executive Mortgage Banker:
Our Insurance Division:
$859,900
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $687,920 | $687,920 | $687,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.875% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.154% | 6.031% | 5.991% |
| Monthly Tax Payment | $583 | $583 | $583 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,906 | $4,069 | $5,713 |
| Total Monthly Payment | $4,581 | $4,744 | $6,388 |
* 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.