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---TRIPLEX---ONE BLOCK FROM THE BEACH! Looking to live the Florida lifestyle?! This incredible property has everything you're looking for! In addition to having 3 separate living units, it is located across the street from both Surfside Park and South Beach Park, giving you easy access to the public beach, boat ramp, fishing docks and a recreational area! This property comes with a long list of amenities and upgrades with many possibilities for multi-facets of income. Currently utilized as an active AirBNB property, you can continue to rent all three units and generate year-round income or live in one unit and rent the others. Are you a multi-family unit looking to live together? This is the perfect living scenario. Both downstairs units consist of fully furnished, completely renovated, 2-bedroom, 2-bathroom, 950 sqft mirrored units. Both have remodeled kitchens and bathrooms with new cabinetry, tile, appliances, fixtures and granite counter tops. New luxury vinyl plank flooring has been installed throughout all three units. Unit A has a new A/C installed and both Unit A and Unit B have new duct work and hot water heaters installed. Moving upstairs, you will not only have a partial ocean view from your upper deck, but as you enter into Unit C, a 585 sqft, fully furnished, studio unit, you'll be greeted with new flooring, fresh paint and a bathroom face lift. This unit also comes fully furnished and equipped with all appliances- large and small, a vanity area and a mini-split A/C unit to keep you cool throughout our hot Florida summers. Storage is not a concern; this property has 2 storage sheds with electricity (one with a/c) and an under-the-stairs storage closet to house all of your personal and yard items. The exterior of the property has been freshly painted and comes with two outdoor showers, one on each side of the home. Each unit has their own, private, covered porch giving all residents a place to enjoy our amazing Florida weather year-round! This property is located on North Hutchinson Island and just a few minutes' drive to shopping and restaurants. Take the opportunity to enjoy living by the beach year-round and schedule your showing today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$950,000
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
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $760,000 | $760,000 | $760,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.911% | 6.764% | 6.666% |
Monthly Tax Payment | $957 | $957 | $957 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,679 | $4,866 | $6,620 |
Total Monthly Payment | $5,728 | $5,915 | $7,669 |
* 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.