Welcome to your large oasis minutes from Downtown Ft Lauderdale. Property consist of a large 3 bedroom 2 bath unit & a separate 1 bedroom 1 bath unit. The property is ideal for owner occupant that wants to rent out the other unit to reduce cost or turn into a guest house/office. Investors will find immense potential in both long & short-term rentals while developers will be captivated by the opportunity to capitalize on the large lot with 100 feet of frontage and canal access at the rear. New Construction homes a couple houses down have sold/pending for $1,600,00 on half the size of this lot so there is potential to build two $1,600,000 houses on this lot if city permits. Ocean access with fixed bridges. Lot large enough to build pool and spacious enough to create entertainment paradise.
417 SW 12th St, Fort Lauderdale, FL, 33315
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.
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