Laura Jewett

Laura Jewett

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$745,000

($416,155 down)
FHA

3960 NE 8th Ave, Oakland Park, FL 33334

N/A
N/A
1,922 sqft
PITI Monthly
$2,856.33 /mo

Listing courtesy of: Stephanie Goodman, The Collection Realty LLC

Assumed Rate

2.74%
7.15%

Principal & Interest

$1,475 /mo
$2,443 /mo

What's Special

INVESTORS
NO HOA
INVESTMENT OPPORTUNITY
TURNKEY

Investor’s dream in the heart of Oakland Park! Turnkey duplex in Oakland Park with two happy renters already in place. Each unit features 2 beds/1 bath, separate and new HVAC on each side, updated plumbing, privately fenced backyards, impact windows and doors, freshly painted inside and out (2025), and plenty of off-street parking. There is also a separately fenced RV Parking and a large shed with a workbench. Located on a quiet street, just minutes from the beach, Wilton Manors, and downtown Fort Lauderdale. No need to do much—just collect rent! Perfect for investors looking for steady income in a high-demand rental area. NO HOA. Great Investment Opportunity. Strong Rental Market.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.74
Remaining Loan Term
25 years, 11 months
Monthly PITI
$2,856.33/mo
Estimated Loan Balance
$330,288
Cash to close
$416,155
Interest Paid
$38,664

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms:
  • Bathrooms:
Cooling & Heating
  • Cooling: CentralAir, CeilingFans
  • Heating: None
Features
  • Materials: Block
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Tile

Exterior

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

Construction

Type & Style
  • Stories:
  • Home type: Duplex
  • Architectural Style: Unknown
Materials
  • Block
  • Roof: Composition, Shingle
Condition
  • Year Built: 1963
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Oakland Park Second Add 1
  • Features: NonGated
HOA
  • Has HOA: No
Location
  • Region: Oakland Park

Financial Details

  • Price per Sqft: $387.62
  • Tax Annual Amount: $10904
  • On Market Date: 2025-02-25T00:00:00.000Z
Inquire about this property

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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 $416,155 (56%)
You can enter any amount below - secondary financing will cover the difference if needed.
56%
$

You cover the entire equity of $416,155!

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

Loan Breakdown

Assumed Mortgage2.74% Sellers Rate
$328,845
Your Cash:$416,155
Total Purchase Price:$745,000

Assumed vs Traditional Mortgage

Assumed @ 2.74%
$1,475/mo
Traditional @ 7.5%
$2,534/mo
You save $1,059/month ($12,713/year)

*Secondary financing rates are an estimated value based on input

MLS ID: F10483973

Listing From:

Last updated: 2025-03-22T17:42:32.000Z

© , 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

2.74%
7.15%

Principal & Interest

$1,475 /mo
$2,443 /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 $416,155 (56%)
You can enter any amount below - secondary financing will cover the difference if needed.
56%
$

You cover the entire equity of $416,155!

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

Loan Breakdown

Assumed Mortgage2.74% Sellers Rate
$328,845
Your Cash:$416,155
Total Purchase Price:$745,000

Assumed vs Traditional Mortgage

Assumed @ 2.74%
$1,475/mo
Traditional @ 7.5%
$2,534/mo
You save $1,059/month ($12,713/year)

*Secondary financing rates are an estimated value based on input

Follow Us
UMe Assumptions
Agent/Broker
Laura Jewett(480) 628-2563laura@azinspiredliving.comMLS SA525254000

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© Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Listing Service. Real estate listings held by brokerage firms other than are marked with the Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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