This property is an investor’s dream! Fully designed, furnished, and managed by an outstanding property management company. Both sides of the duplex are easily rented for short- or long-term stays. It’s the perfect rental property for all the weddings in Homestead. Conveniently located near Matheson Hammock Park, Deering Estate, Fairchild Tropical Gardens, Little Havana, and many other famous tourist destinations.
The property underwent a complete renovation and features brand-new appliances, plumbing, landscaping, sprinkler system, kitchen, flooring, and designer finishes. Each unit also has its own separate outdoor spaces. The roof was redone around 2018.
In 2022, the property generated $55,000 in income. 2023 & 2024 information will be uploaded shortly.
20075 SW 87th Pl, Cutler Bay, FL, 33189
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
