Available
$30,000(ARV: $361,000)8% of ARV

Broward County, Miramar, FL 33023

2 bd2 ba980 sfBuilt 1952

1 day ago

Gross spread$331,000

Description

MIRAMAR FL CREATIVE FINANCE DEAL IS LIVE. Step into a vacant single-family home right in the Miami to Fort Lauderdale corridor for just 30K down and no bank qualifying. Take over the existing 5.249% financing already in place, well below today's rates, on a 2 bed / 1 bath home with no HOA and no rental restrictions. Only 30K gets you controlling this asset right now with no pre-approval and no credit check, in one of South Florida's strongest rental corridors. PROPERTY DETAILS: 2 Bedrooms 1 Bathroom 700 sqft interior (980 sqft total structure) Separate laundry structure with an additional bathroom 5,006 sqft lot with a spacious backyard Single-family home, built 1952 No HOA, no rental restrictions Miramar FL 33023, Broward County, between Miami and Fort Lauderdale DEAL BREAKDOWN: 30K down + CC 5.249% interest $2,699 PITI $361k loan balance No prepayment penalty No balloon **Property is in an active loan modification and terms are subject to change OPPORTUNITY: Short Term Rental: $2,300-$3,300/month via Awning Mid Term Rental: $2,950-$3,400/month via FurnishedFinder Section 8: $2,230/month ($3,070 w/3rd Bedroom) Wrap to End Buyer Lease Option Move In / Occupy as Primary Residence See mortgage statement in 'Documents' below The existing 5.249% rate already in place is the hook here, a rate you cannot get at a bank today, on a vacant single-family home between Miami and Fort Lauderdale. Hold it furnished for mid term demand, wrap it to a buyer who cannot qualify, or move in and lock the rate for just 30K down. Low entry, low rate, no HOA. First come first serve Call [contact details hidden] for more info

$/sqft vs market

This deal$31/sqft
Market median$359/sqft
Difference91% below

Median of 33 comparable listings matched on ZIP + property type. A narrow sample moves a lot; read it as context, not as a valuation.

Property

Bedrooms2
Bathrooms2
Square feet980
Lot size5006.00 ac
Year built1952
ConditionTurn Key
OccupancyVacant
ParkingStreet

Systems & condition

Roof age1-3 yrs
HeatingFurnace · 0-5 yrs
Air conditioningCentral AC
FoundationSlab
Foundation conditionExcellent

Self-reported by the seller. Not inspected.

Seller

CompanyWithheld
Disposition repWithheld
Documents on file1
Views on the source listing40
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