This remarkable duplex has been fully remodeled just 2.5 years ago, offering modern amenities and a fresh feel. The property features a brand-new roof, a stylish kitchen with beautiful white quartz countertops, and new vinyl flooring throughout. The exterior boasts a new fence and freshly poured concrete, enhancing its curb appeal.
Currently, one of the tenants has been in place since the remodel, providing stable rental income, while the other tenant is The Church of Jesus Christ, a reputable organization that offers housing for their missionaries. They secured their lease just 5 months ago, ensuring reliable occupancy.
This property is an excellent investment opportunity, combining a contemporary living space with dependable tenants. 8% CAP Rate! Don’t miss out!
5130-5132 NE 17th Ter, Fort Lauderdale, FL, 33334
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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