Dan Kaercher

Dan Kaercher

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Closed

$2,470,000

($1,620,670 down)
FHA

1236 E Lake Dr, Fort Lauderdale, FL 33316

4
3
2,754 sqft
PITI Monthly
$6,633.87 /mo

Listing courtesy of: Moe Mossa, Savvy Avenue, LLC

Assumed Rate

3.12%
7.15%

Principal & Interest

$3,844 /mo
$6,065 /mo

What's Special

MATURE TREES

Rare opportunity within the interior of the gated Harbor Beach community. This home and lot offer incredible value and potential. Sitting on a large corner lot of .30 acres with neighbors on one side only. This park like setting offers mature trees and landscaping, a large front yard and plenty of space in the rear for a pool and spa. There is currently an open pool permit with the city. The 4 bedroom 2.5 bath has been recently updated and is currently a very successful short term rental- even without a pool. The owner also has new construction plans in hand that have been engineered and are ready for submission! Buy and move in, or buy and rent- build later! There is a voluntary HOA, and a private beach club with marina. This is one of the few private beach communities in SOFL.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.12
Remaining Loan Term
26 years, 11 months
Monthly PITI
$6,633.87/mo
Estimated Loan Balance
$1,392,800
Cash to close
$1,620,670
Interest Paid
$83,693

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: CentralAir, Electric
  • Heating: Central, Electric, HeatStrip
Features
  • Materials: Block
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: CeramicTile, Laminate, Tile, Wood

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Concrete
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • Carport: Yes
  • Carport Spaces: 1
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories:
  • Home type: SingleFamilyResidence
  • Architectural Style: OneStory
Materials
  • Block
  • Roof: Concrete
Condition
  • Year Built: 1959
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Harbor Beach
  • Features: Beach, ClubMembershipAvailable, Gated
HOA
  • Has HOA: No
Location
  • Region: Fort Lauderdale

Financial Details

  • Price per Sqft: $896.88
  • Tax Annual Amount: $23241
  • On Market Date: 2024-04-16T00:00:00.000Z
Inquire about this property

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Apply to Assume

Fill out an application to explore financing options for assuming this loan.

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Savings Calculator

Current cash to close is $1,620,670 (66%)
You can enter any amount below - secondary financing will cover the difference if needed.
66%
$

You cover the entire equity of $1,620,670!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage3.12% Sellers Rate
$849,330
Your Cash:$1,620,670
Total Purchase Price:$2,470,000

Assumed vs Traditional Mortgage

Assumed @ 3.12%
$3,844/mo
Traditional @ 7.5%
$6,291/mo
You save $2,447/month ($29,363/year)

*Secondary financing rates are an estimated value based on input

MLS ID: F10434755

Listing From:

Last updated: 2024-09-30T21:29:24.000Z

© , FTL. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

Assumed Rate

3.12%
7.15%

Principal & Interest

$3,844 /mo
$6,065 /mo
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $1,620,670 (66%)
You can enter any amount below - secondary financing will cover the difference if needed.
66%
$

You cover the entire equity of $1,620,670!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage3.12% Sellers Rate
$849,330
Your Cash:$1,620,670
Total Purchase Price:$2,470,000

Assumed vs Traditional Mortgage

Assumed @ 3.12%
$3,844/mo
Traditional @ 7.5%
$6,291/mo
You save $2,447/month ($29,363/year)

*Secondary financing rates are an estimated value based on input

Follow Us
Your Home Sold Guaranteed Realty
Agent/Broker
Dan KaercherYour Home Sold Guaranteed Realty(480) 202-1789Dankaercher@state48livin.comMLS SA677983000

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