5010 Pembroke Rd, West Park, FL, 33021 | $2,550,000

Price reduced for a quick sale !!! Seller MOTIVATED !!! - Excellent investment opportunity. Multifamily 14 units. 2 folios side-by-side, each folio zoned 08-Multifamily Less than 10 units. 4700 Sq. ft under A/C. Recent improvements to the units 14 Parking spaces. All units are currently rented. Centrally located on Pembroke Road, close to I95 and 441. 20 minutes from the beach. 10 Minutes form Aventura mall, Downtown Hollywood. For more information please contact listing agent. Do not disturbe the tenants Mix of units: 11 Studios, 2 x 1 bed 1 Bath, 1 x 3 bed 2 bath Building 5010: 8 Units - 4, 700 SqFt covered on a lot of 9, 000 SqFt (75 x 120) Building 5018: 6 Units - 2, 600 SqFt covered on a lot of 3, 000 SqFt (25 x 120)

Features

  • Style: Fourplex
  • Year Built: 1991
  • Heating: Other
  • Cooling: Other
  • Approx Sq. Feet: 7,300
  • Est. Taxes: $16,306
  • Lot Desc: < 1/4 Acre
  • MLS#: A11413464
  • Days on Market: 314 days
  • Website: https://www.raveis.com
    /prop/A11413464/5010pembrokerd_westpark_fl?source=qrflyer
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William Raveis Family of Services

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Debbie Huscher - The Huscher TeamLuxury Properties Specialist

860.918.4580

Debbie.Huscher@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

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Dave BeckmanVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 10930

203.641.8287

Dave.Beckman@raveis.com

Our Executive Mortgage Banker:

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Our Insurance Division:

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5010 Pembroke Rd, West Park, FL, 33021

$2,550,000

Debbie Huscher - The Huscher Team

Luxury Properties Specialist

William Raveis Real Estate

Phone: 860.918.4580

Debbie.Huscher@raveis.com

Dave Beckman

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.641.8287

Dave.Beckman@raveis.com

NMLS Mortgage Loan Originator ID 10930

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $2,040,000 $2,040,000 $2,040,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 7.000% 6.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.851% 7.128% 7.061%
Monthly Tax Payment $1,359 $1,359 $1,359
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $13,744 $13,572 $18,194
Total Monthly Payment $15,228 $15,056 $19,678

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.