Dan Kaercher

Dan Kaercher

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$518,000

($168,125 down)
FHA

5801 Garden Ave, West Palm Beach, FL 33405

2
2
1,056 sqft
PITI Monthly
$2,987.97 /mo

Listing courtesy of: Maria Bloemendaal PA, One Sotheby's Int'l Realty

Assumed Rate

5.41%
7.15%

Principal & Interest

$2,042 /mo
$2,454 /mo

What's Special

LOCATION
SHOPPING
DINING
MODERN
RENOVATED
LUXURY
HISTORIC
CHARMING
COZY

Nestled in the heart of West Palm Beach, this charming 2-bed, 2-bath cottage-style home blends modern convenience with historic charm. Fully renovated, this corner lot property sits between Key West-style bungalows and Spanish Mission homes, offering a true South Florida vibe. The open floor plan is perfect for comfortable living, while the updated kitchen and baths add a touch of luxury. A carport provides covered parking, and the lush yard enhances the outdoor space with room to expand and build a pool. Just minutes from downtown WPB, beaches, the airport, antique row & design district, and top dining and shopping, this home is ideal for first-time buyers, a cozy retreat or a high demand Airbnb. Experience the perfect mix of history, style, and location in this sought-after neighborhood!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.41
Remaining Loan Term
27 years, 5 months
Monthly PITI
$2,987.97/mo
Estimated Loan Balance
$351,257
Cash to close
$168,125
Interest Paid
$49,888

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Frame, Stucco
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Hardwood, Laminate, Wood

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Composition, Shingle
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: Yes
  • Carport Spaces: 2
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories:
  • Home type: SingleFamilyResidence
  • Architectural Style: OneStory
Materials
  • Frame, Stucco
  • Roof: Composition, Shingle
Condition
  • Year Built: 1948
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Fernwood
  • Features: NonGated, Park, StreetLights, Sidewalks
HOA
  • Has HOA: No
Location
  • Region: West Palm Beach

Financial Details

  • Price per Sqft: $490.53
  • Tax Annual Amount: $6260
  • On Market Date: 2025-03-24T00:00:00.000Z
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.

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Savings Calculator

Current cash to close is $168,125 (32%)
You can enter any amount below - secondary financing will cover the difference if needed.
32%
$

You cover the entire equity of $168,125!

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

Loan Breakdown

Assumed Mortgage5.41% Sellers Rate
$349,875
Your Cash$168,125
Total Purchase Price:$518,000

Assumed vs Traditional Mortgage

Assumed @ 5.41%
$2,042/mo
Traditional @ 7.5%
$2,545/mo
You save $503/month ($6,035/year)

*Secondary financing rates are an estimated value based on input

MLS ID: F10494136

Listing From:

Last updated: 2025-03-31T13:52:04.000Z

© , 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

5.41%
7.15%

Principal & Interest

$2,042 /mo
$2,454 /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 $168,125 (32%)
You can enter any amount below - secondary financing will cover the difference if needed.
32%
$

You cover the entire equity of $168,125!

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

Loan Breakdown

Assumed Mortgage5.41% Sellers Rate
$349,875
Your Cash$168,125
Total Purchase Price:$518,000

Assumed vs Traditional Mortgage

Assumed @ 5.41%
$2,042/mo
Traditional @ 7.5%
$2,545/mo
You save $503/month ($6,035/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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