5 bedrooms and 2 bathrooms in 1,436 square feet of living space on a 4,992 square foot lot. This property was originally a legal duplex but is currently configured as a single-family home to maximize its average daily rate. It is currently operating as an Airbnb and generating a net operating income of $66,268.00. The property is zoned T4-R, which allows for conversion back to a duplex. This is a great for both home buyers and investors by being located in Miami's new residential frontier and a proven business model generating great returns.
Type:
Single-family residential
Laundry Remarks:
Washer Hookup,Dryer Hookup
Subdivision:
LEMON CITY WHITES
Lot Description:
< 1/4 Acre
Elementary School:
Morningside
Middle School:
Horace Mann
High School:
Miami Edison
Appliances:
Dryer, Dishwasher, Electric Water Heater, Refrigerator, Washer
473 NE 61st St, Miami, FL, 33137
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
