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Filled with natural sunlight, this bright and inviting 3-bedroom, 2-bathroom home features beautiful wood floors throughout and a warm, neutral color palette that complements any style. The well-designed layout includes a versatile third bedroom with its own private entrance, making it ideal for a rental opportunity, guest suite, or in-law apartment. Recent updates include a new hot water heater and a new washer and dryer. Outside, the property offers a spacious, lushly landscaped and fully fenced backyard that feels like a private tropical retreat. Mature fruit trees, including mango, tamarind, starfruit, and banana, add charm and character while providing shade and seasonal harvests. The home features a durable tile roof and is located outside a FEMA flood zone. With no HOA fees or restrictions, the property offers flexibility for both homeowners and investors. Situated in a centrally located yet relaxed neighborhood, the home provides easy access to some of the area’s most vibrant destinations. It is just minutes from popular restaurants and bars and only a short drive to Coconut Grove, Coral Gables, Little Havana, and downtown, making it an excellent option for a primary residence or investment property.
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Our Executive Mortgage Banker:
Our Insurance Division:
$725,000
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
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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 | $580,000 | $580,000 | $580,000 |
| 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 | $876 | $876 | $876 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,571 | $3,662 | $4,816 |
| Total Monthly Payment | $4,539 | $4,630 | $5,784 |
* 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.