Laura Jewett

Laura Jewett

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$615,000

($333,201 down)
FHA

531 NE 180th Dr, North Miami Beach, FL 33162

3
2
2,089 sqft
PITI Monthly
$2,316.98 /mo

Listing courtesy of: Bryan M Gold, Compass Florida, LLC

Assumed Rate

6.64%
7.15%

Principal & Interest

$1,827 /mo
$1,924 /mo

What's Special

SHOPPING
ENTERTAINMENT
DINING
SPACIOUS
MOVE-IN READY

Welcome to this beautifully maintained 3-bedroom, 2-bath home nestled in one of North Miami Beach’s most desirable neighborhoods. Featuring a spacious open layout, this home is perfect for both everyday living and entertaining. Sitting on a generous lot with a large backyard, there’s plenty of space to relax, garden, or host gatherings. Enjoy the convenience of being just minutes from major expressways, making it easy to access everything Miami has to offer from the world-famous South Beach to shopping, dining, and entertainment. You’ll also appreciate the close proximity to houses of worship and other local amenities. Don’t miss the opportunity to own a well-located, move-in ready home in the heart of North Miami Beach.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.64
Remaining Loan Term
29 years, 0 months
Monthly PITI
$2,316.98/mo
Estimated Loan Balance
$284,900
Cash to close
$333,201
Interest Paid
$18,824

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Block
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Tile

Exterior

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

Construction

Type & Style
  • Stories:
  • Home type: SingleFamilyResidence
  • Architectural Style: OneStory
Materials
  • Block
  • Roof: Composition
Condition
  • Year Built: 1957
Details
  • Builder:

Community & HOA

Community
  • Subdivision: HIGHLAND MANOR SEC 6
  • Features: NonGated
HOA
  • Has HOA: No
Location
  • Region: North Miami Beach

Financial Details

  • Price per Sqft: $294.4
  • Tax Annual Amount: $2312
  • On Market Date: 2025-03-25T00:00:00.000Z
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 $333,201 (54%)
You can enter any amount below - secondary financing will cover the difference if needed.
54%
$

You cover the entire equity of $333,201!

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

Loan Breakdown

Assumed Mortgage6.64% Sellers Rate
$281,799
Your Cash:$333,201
Total Purchase Price:$615,000

Assumed vs Traditional Mortgage

Assumed @ 6.64%
$1,827/mo
Traditional @ 7.5%
$1,996/mo
You save $169/month ($2,027/year)

*Secondary financing rates are an estimated value based on input

MLS ID: F10494112

Listing From:

Last updated: 2025-04-03T21:17:33.000Z

© , 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

6.64%
7.15%

Principal & Interest

$1,827 /mo
$1,924 /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 $333,201 (54%)
You can enter any amount below - secondary financing will cover the difference if needed.
54%
$

You cover the entire equity of $333,201!

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

Loan Breakdown

Assumed Mortgage6.64% Sellers Rate
$281,799
Your Cash:$333,201
Total Purchase Price:$615,000

Assumed vs Traditional Mortgage

Assumed @ 6.64%
$1,827/mo
Traditional @ 7.5%
$1,996/mo
You save $169/month ($2,027/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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