Laura Jewett

Laura Jewett

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$1,600,000

($1,114,510 down)
FHA

714 84th St, Miami Beach, FL 33141

N/A
N/A
3,308 sqft
PITI Monthly
$4,594.23 /mo

Listing courtesy of: Michele Vairo, EXP Realty LLC

Assumed Rate

6.27%
7.15%

Principal & Interest

$3,076 /mo
$3,367 /mo

What's Special

SHOPPING
ENTERTAINMENT
DINING
SPACIOUS
INVESTMENT OPPORTUNITY

Exceptional investment opportunity in the heart of Miami Beach! This well-maintained quadplex offers two spacious 2-bedroom, 1-bath units, one oversized 1-bedroom, 1-bath unit, and a large studio/efficiency. Perfectly positioned near Lummus Park, the Art Deco District, and Lincoln Road, the property provides easy access to world-famous beaches, shopping, dining, and entertainment. A rare chance to own a high-demand rental asset in one of Miami Beach’s most desirable areas – don’t miss out!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.27
Remaining Loan Term
27 years, 10 months
Monthly PITI
$4,594.23/mo
Estimated Loan Balance
$550,818
Cash to close
$1,114,510
Interest Paid
$66,897

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms:
  • Bathrooms:
Cooling & Heating
  • Cooling: CeilingFans, WallWindowUnits
  • Heating: WallFurnace
Features
  • Materials: Block
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: CeramicTile, Terrazzo

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Flat
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: Quadruplex
  • Architectural Style: Fourplex
Materials
  • Block
  • Roof: Flat
Condition
  • Year Built: 1955
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Biscayne Beach Sub
  • Features: NonGated
HOA
  • Has HOA: No
Location
  • Region: Miami Beach

Financial Details

  • Price per Sqft: $483.68
  • Tax Annual Amount: $11873
  • On Market Date: 2025-05-01T00:00:00.000Z
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 $1,114,510 (70%)
You can enter any amount below - secondary financing will cover the difference if needed.
70%
$

You cover the entire equity of $1,114,510!

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

Loan Breakdown

Assumed Mortgage6.27% Sellers Rate
$485,490
Your Cash:$1,114,510
Total Purchase Price:$1,600,000

Assumed vs Traditional Mortgage

Assumed @ 6.27%
$3,076/mo
Traditional @ 7.15%
$3,493/mo
You save $417/month ($5,000/year)

*Secondary financing rates are an estimated value based on input

MLS ID: F10501164

Listing From:

Last updated: 2025-05-02T00:45:21.000Z

© , 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

6.27%
7.15%

Principal & Interest

$3,076 /mo
$3,367 /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 $1,114,510 (70%)
You can enter any amount below - secondary financing will cover the difference if needed.
70%
$

You cover the entire equity of $1,114,510!

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

Loan Breakdown

Assumed Mortgage6.27% Sellers Rate
$485,490
Your Cash:$1,114,510
Total Purchase Price:$1,600,000

Assumed vs Traditional Mortgage

Assumed @ 6.27%
$3,076/mo
Traditional @ 7.15%
$3,493/mo
You save $417/month ($5,000/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

© 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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