Great opportunity to own a Turnkey investment in the heart of Tarpon River. Three separate 1 bedroom units make up this non-conforming triplex. All units have been fully updated. Front unit has a separate entrance with a private courtyard. Mini-split AC systems in all units. Property has an active vacation rental license in place and is operating as the Blue House with adjacent property at 817 SW 12th Street -separate listing. Property can be purchased separate or combined. Currently all units are rented as short-term rentals. Financials for business operation available on request. Seller Financing Available! NON-CONFORMING TRIPLEX! 1 METER ONLY!
1137 SW 8th Terrace, 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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