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Presented by
Bobbi Zacchi |
11801 NE 11th Ave, Biscayne Park, FL, 33161 | $1,248,000
**Currently Tenant occupied until SUMMER 2027, all purchases subject to leases remaining. This JEWEL has been polished and offers amazing investment scenarios! Located on 13, 500 sq. ft. of land, this home was built as a duplex and has been used as a single family home (zoning changed per Owners request over the years) depending upon the previous folks that lived here! Currently there are 2 separate rented units (until June & August 2027), featuring completely separate entrances and completely separate parking and completely separate private large fenced yards – plenty of room to play! The largest unit features 3 bed + 2 bath home and enjoys a private swimming pool + BBQ area – perfect for playing and entertaining or relaxing by the pool. Both units have large patio areas. Some charming original features add character with original oak floors & an oversized family/Florida room bathed in natural light – surrounded by lots of windows and glass sliding doors overlooking pool & south yard. NEW impact windows + doors. A NEW roof and NEW kitchen + NEW bathrooms – make this a joy to come home! Unit #2 has 2 bedrooms and 1 full bathroom. Separate Laundry spaces! Have a boat? Plenty of room to store here! Bring your imagination. . . Buyer may begin with income property and keep it rented while waiting for the property to be made new…. the sky is the limit! Grab this great investment today!
Features
- Bedrooms: 4
- Baths: 2 full
- Style: Ranch,One Story
- Year Built: 1937
- Garage: Circular Driveway,Driveway,Paver Block,Parking Pad
- Heating: Central
- Cooling: Central Air,Ceiling Fan(s)
- Approx Sq. Feet: 2,124
- Est. Taxes: $10,938
- Lot Desc: 1/4 to 1/2 Acre Lot
- View: Garden,Pool
- Pets Allowed: Yes
- Pet Policy: Conditional,Yes
- Appliances: Dryer,Dishwasher,Electric Water Heater,Disposal
- MLS#: A11976695
- Days on Market: 1 day
- Website: https://www.raveis.com
/eprop/A11976695/11801ne11thave_biscaynepark_fl?source=qrflyer
William Raveis Family of Services
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.
Bobbi ZacchiLicensed Real Estate Salesperson
914.588.3055
Bobbi.Zacchi@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Vincent DiMellaVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 24240
914.494.1459
Vincent.DiMella@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Ryan FortierInsurance Sales Director, William Raveis Insurance
516.739.7731
Ryan.Fortier@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
11801 NE 11th Ave, Biscayne Park, FL, 33161
$1,248,000
Bobbi Zacchi
Licensed Real Estate Salesperson
William Raveis Real Estate
Phone: 914.588.3055
Bobbi.Zacchi@raveis.com
Vincent DiMella
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 914.494.1459
Vincent.DiMella@raveis.com
NMLS Mortgage Loan Originator ID 24240
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $998,400 | $998,400 | $998,400 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.000% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.251% | 6.110% | 6.097% |
| Monthly Tax Payment | $912 | $912 | $912 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,826 | $5,986 | $8,358 |
| Total Monthly Payment | $6,863 | $7,023 | $9,395 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388