2.65% Interest Sub to in Riveria Beach No Balloon!

Palm Beach County, West Palm Beach, FL, 33404
Sold
Listed at: October 13th, 2023
Price
$225,000
Sq. Footage
1117
Type
Single-Family
Parking
Driveway
Year build
1958
Lot size
0.13 acres
Bedrooms
2
Bathrooms
1
Half Bathrooms
0
Summary

🏡 Amazing Property Deal in Riviera Beach! 🌴

🔥 Deal Structure: Subject to Terms 🔥✅ Purchase Price: $215,000 ✅ Interest Rate: Taking over an existing loan at a super low 2.625% interest rate with a remaining principal of $177,000. ✅ Terms: No balloon! 28 years remaining. ✅ PITI (Principal, Interest, Taxes, Insurance): $1,543.22/month. ✅ Market Rent for Long-Term Rental: Between $2,000 to $2,200 monthly. ✅ Short-Term Rental Potential: $30,000+ annually.

💵 Down Payment: $38,000 (This includes cash to seller and agent commission). 💵 Assignment Fee: $10,000 (Or best offer).

This is a fantastic opportunity in Riviera Beach! Whether you're considering holding it as a long-term rental or tapping into the short-term rental market, this property offers significant income potential.

Act fast! These deals don’t last long. Contact us today!


Text Chris to offer or for more info

c: 4805448191

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Jerry Norton

No reviews

Disposition manager