Selling sub-to 3 br/ 3 bath in Fort Lauderdale fl

Selling sub-to 3 br/ 3 bath in Fort Lauderdale fl

Investor · Farmington, UT · Member since 2015 · 1 post · 0 votes

Hello,

Selling my sub-to property in Fort Lauderdale FL, home was recently rented for 4000 / month long term and 5-7k STR

Text me if interested 315-569-4461

📍 1224 SW 2nd Ct, Fort Lauderdale, FL 33312

● Price (Subto): $555,000

● Cash to Close: $50,000

● Property Type: Single Family (2-Story)

● Bed: 4 | Bath: 3

● Liv Sqft: 1,587

● Year Built: 1924 (Frame)

Financing Details:

Subject-To Existing Mortgage

Balance: ~$480,000

PITI: $2,920.80 @ 3.5%

No Balloon — Matures 2051

Income Potential:

Long-Term Rent: ~$4,000/ Month

Short-Term Rent (Airbnb): ~$5,000+ / Month

Notes:

Located in Sailboat Bend great neighborhood close to water

Walking Distance to Las Olas

Updated Interior (Kitchen, Floors, Bathrooms)

Impact Windows

Roof ~14 Years Old

HVAC 2022

Strong Airbnb Potential

Value-Add + Cash Flow Opportunity

Photos on Zillow link 

https://www.zillow.com/homedetails/1224-SW-2nd-Ct-Fort-Laude...

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