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$600,000

Beds
5
Baths
2.0
sq ft
1,919

8982 NW 5th Ave, El Portal, FL 33150

8982 NW 5th Ave

El Portal, FL 33150

  • 46 days on market
    • Price drop $25,000↓
INVESTORS OPPORTUNITY!!! 2-UNIT MULTIFAMILY (DUPLEX) IN 16,000 SQFT LOT ZONED TO BUILD UP TO 9 UNITS. PROPERTY IS FULLY OCCUPIED WITH LONG TERM TENANTS UNDER CURRENT LEASE CONTRACTS COLLECTING $4,000 ON MONTHLY RENTS. THE MAIN HOUSE IS A 3/1 AND THERE IS A 2/1 EFFICIENCY ON THE BACK WITH INDEPENDENT ENTRANCE AND FPL METER. EXCELLENT LOCATION ACROSS EL PORTAL, i95 EXPRESSWAY ACCESS AND CLOSE TO MIAMI SHORES AREA. LOTS OF POTENTIAL FOR EXPANSION OR NEW CONSTRUCTION, PLENTY OF PARKING SPACES, WON’T LAST!!!

Details

Property type

Single Family Residence

Est. home value

$606,924

Lot size

0.36 acres

Price per sq ft

$313

Year built

1939

Annual property taxes

$8,158

HOA

Yes

Price History

09/07/2024
SEF

SEF #A11631443

Price change
$600,000
-4%
08/19/2024
SEF

SEF #A11631443

Price change
$625,000
-3.85%
07/29/2024
SEF

SEF #A11580147

Removed
$650,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Paramount Residential Mortgage Group Inc

Loan start date

January 2021

Original loan amount

$245,000

Est. remaining balance

$225,077

Interest rate

2.71%

Loan type

New Conventional, 30 year

Seller

Nicole Smeke and Alejandro Vitale

Lender

Paramount Residential Mortgage Group Inc

Loan start date

January 2021

Original loan amount

$245,000

Est. remaining balance

$225,077

Interest rate

2.71%

Loan type

New Conventional, 30 year

Seller

Nicole Smeke and Alejandro Vitale

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 09/13/2024 at 8:55 AM

Listing updated: 09/13/2024 at 12:17 AM

Listed by: Nicole Smeke, EXP Realty LLC Phone #: (888) 883-8509

MLS: SEF #A11631443

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