$575,000
($396,619 down)1345 NW 1st Ave, Fort Lauderdale, FL 33311
PITI Monthly
Listing courtesy of: Krisztina Kupfer, RE/MAX Experience
Assumed Rate
3.9%
7.15%Principal & Interest
$996 /mo
$1,426 /moWhat's Special
Investment opportunity in Fort Lauderdale. Renovated duplex nestled on a corner lot offering two one-bedroom, one-bath units. The property features impact windows and doors installed in 2021, updated kitchens and bathrooms in 2018. Roof 2010 and central AC on both sides approximately 8 years ago. Additional highlights include restored terrazzo floors, shared on-site laundry facility, a beautifully landscaped yard, and two driveways providing convenient access and privacy for both sides. Currently, one unit is successfully operating as an Airbnb, while the other is owner-occupied—an ideal setup to continue and maximize income potential.
Assumption Snapshot
Type of Loan
FHA
Interest Rate
3.9
Remaining Loan Term
22 years, 4 months
Monthly PITI
$1,648.92/mo
Estimated Loan Balance
$178,796
Cash to close
$396,619
Interest Paid
$58,466
Facts & Features
Interior
Bedrooms & Bathrooms
- Bedrooms:
- Bathrooms:
Cooling & Heating
- Cooling: CentralAir
- Heating: Central
Features
- Materials: Block
- Community: Unknown
- Has Fireplace: No
- Fireplace Features: Unknown
- Flooring: Terrazzo
Exterior
Fencing
- Fencing: Unknown
Roof
- Roof: TarGravel
Parking
- Garage: No
- Garage Spaces:
- Carport: No
- Carport Spaces: 0
Water
- Sewer: PublicSewer
- Water Source: Unknown
Pool
- Has Pool: No
- Pool Features: None
Construction
Type & Style
- Stories:
- Home type: Duplex
- Architectural Style: Unknown
Materials
- Block
- Roof: TarGravel
Condition
- Year Built: 1953
Details
- Builder:
Community & HOA
Community
- Subdivision: PROGRESSO
- Features: NonGated
HOA
- Has HOA: No
Location
- Region: Fort Lauderdale
Financial Details
- Price per Sqft: $465.59
- Tax Annual Amount: $4044
- On Market Date: 2025-02-11T00:00:00.000Z
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You cover the entire equity of $396,619!
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Loan Breakdown
Assumed vs Traditional Mortgage
*Secondary financing rates are an estimated value based on input
MLS ID: F10485907
Listing From:
Last updated: 2025-03-18T14:24:10.000Z
© , 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
3.9%
7.15%Principal & Interest
$996 /mo
$1,426 /moInquire about this property
We will reach out to you with more details
Fill out an application to explore financing options for assuming this loan.
Apply nowSavings Calculator
You cover the entire equity of $396,619!
Enter a smaller amount if you prefer to use secondary financing.
Loan Breakdown
Assumed vs Traditional Mortgage
*Secondary financing rates are an estimated value based on input
Follow Us
Agent/Broker
Laura Jewett(480) 628-2563laura@azinspiredliving.comMLS SA525254000Resources
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