9841 SW 157th Terrace, Miami, FL, 33157 | $998,000

Welcome to this exceptional South Miami property offering the perfect combination of space, privacy, and endless possibilities. Nestled on an expansive lot, this impressive residence features over 3, 000 square feet of living space with 4 spacious bedrooms and 2 bathrooms, providing room for everyone to live, work, and entertain comfortably. Step inside to discover generous living areas filled with natural light and a versatile floor plan designed for today's lifestyle. Whether you're hosting family gatherings, creating a home office, or simply enjoying everyday living, this home offers the flexibility you've been looking for. The oversized backyard presents a rare opportunity to create your own private oasis with ample space for a pool, outdoor kitchen, lush landscaping, or recreational vehicles. With no shortage of outdoor space, the possibilities are truly endless. Ideally located near shopping, dining, schools, parks, major highways, and all that South Miami has to offer, this home delivers the perfect blend of tranquility and convenience. Don't miss this incredible opportunity to own a spacious property with exceptional potential in one of Miami's most desirable established neighborhoods. Schedule your private showing today and experience everything this remarkable home has to offer!

Features

  • Amenities: None
  • Rooms: 5
  • Bedrooms: 4
  • Baths: 2 full
  • Laundry: Washer Hookup, Dryer Hookup
  • Year Built: 1962
  • Garage: 2-car
  • Heating: Central
  • Cooling: Central Air, Ceiling Fan(s)
  • Approx Sq. Feet: 3,067
  • Acreage: 0.58
  • Est. Taxes: $3,698
  • Lot Desc: Fruit Tree(s)
  • Elem. School: Johnnie M Parris Colonial Drive
  • Middle School: Richmond Heights
  • High School: Miami Killian
  • Pool: In Ground, Pool Sweep
  • Appliances: Dryer, Dishwasher, Refrigerator
  • MLS#: A12046520
  • Website: https://www.raveis.com
    /prop/A12046520/9841sw157thterrace_miami_fl?source=qrflyer
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Listing courtesy of STB Realty

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

9841 SW 157th Terrace, Miami, FL, 33157

$998,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $798,400 $798,400 $798,400
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.000% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.218% 6.133% 6.183%
Monthly Tax Payment $308 $308 $308
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,723 $4,787 $6,737
Total Monthly Payment $5,123 $5,187 $7,137

* 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.