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7993 SW 9th Ter, Miami, FL, 33144 | $729,000
Nestled in the heart of Westchester, this 1, 240-square-foot residence offers the rare opportunity to own a property that functions like a single-family home with the benefits of condo ownership. Located in a well-established community known for its central convenience and deep cultural roots, this home provides immediate access to some of Miami’s best authentic dining and local parks and destinations such as the Airport, FIU, and larger municipalities throughout Miami. All accessible through major highways like the Palmetto Expressway, 836, and SW 8th Street that are seconds from the home.
The property’s unique "single-family condo" status is its greatest asset, offering a private yard and independent residence while sharing a lot with only one neighbor. The specific legal configuration often results in lower individual property tax burdens and reduced maintenance overhead compared to traditional fee-simple homes, presenting a unique "buy-in" opportunity for an area where median prices have recently climbed. This property stands as a great alternative as it lives and feels like a single-family home for those seeking a quiet, residential lifestyle in one of Miami-Dade’s most resilient neighborhoods but is legally a condo for ease of maintenance.
Features
- Heating: Central
- Cooling: Central Air
- Levels: 1
- Amenities: None
- Bedrooms: 3
- Baths: 2 full
- Laundry: Washer Hookup,Dryer Hookup
- Complex: FONTAINBLEAU GDNS
- Year Built: 1983
- Approx Sq. Feet: 1,240
- Est. Taxes: $6,488
- View: None
- Middle School: West Miami
- Pets Allowed: Yes
- Pet Policy: No Pet Restrictions,Yes
- Appliances: Dishwasher,Microwave,Refrigerator,Washer
- MLS#: A12016113
- Days on Market: 1 day
- Website: https://www.raveis.com
/prop/A12016113/7993sw9thter_miami_fl?source=qrflyer
Listing courtesy of Fausto Commercial Realty Consultants Inc Phone: 786-748-7373
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.
Customer Service
888.699.8876
Contact@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.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@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
Pedro DelgadilloInsurance Sales Director, William Raveis Insurance
305.922.5393
Pedro.Delgadillo@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
7993 SW 9th Ter, Miami, FL, 33144
$729,000
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 | $583,200 | $583,200 | $583,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.500% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.375% | 6.638% | 5.972% |
| Monthly Tax Payment | $541 | $541 | $541 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,591 | $3,686 | $4,843 |
| Total Monthly Payment | $4,224 | $4,319 | $5,476 |
* 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