8425 SW 181 TER Palmetto Bay FL $479,000 (SOLD)

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Cul-de-sac Home! with volume ceilings. Kitchen with stainless steel appliances, wood cabinetry and cooking island with gas range. Open kitchen-family-dinning-living room layout. Contemporary bathroom with walk-in shower. Wood laminate flooring and wood blinds throughout. Walk-in closets. Doors and windows with hurricane shutters. Two central AC units – 5 and 3.5 tons. BRAND NEW roof with skylights. NEW interior / exterior paint. Two-car garage with hurricane impact door. Two master bedrooms/attached in-laws.

Property Details:

  • Transaction Type: Seller Representation
  • Asking price: $479,000
  • Short sale or foreclosure: no / no
  • Type of property: single family home
  • Living and lot size (sqft): 3,232 / 16,500
  • Year built: 1980
  • Beds, full baths and half baths: 4 / 3 / 0
  • Garage: 2
  • Water front or access: no / no
  • Exterior walls and roof: concrete / shingle
  • Floor and pool: tile / yes
  • Heating and cooling: central / central
  • Sewer: septic

What’s Up Around This Home?

 

Monthly Mortgage Payment at 4.5% interest rate, 30-year fixed, and purchase price of $479,000:

  • FHA loan with 3.5% down: $2,917
  • Conventional loan with 5% down: $2,306
  • Conventional loan with 10% down: $2,184
  • Conventional loan with 20% down: $1,942

Need other mortgage scenarios? Mortgage Calculator

Local Schools:

Location:

Area Demographics:

  • Average Income: $70,393
  • Population: 63,414
  • Owners vs Renters: 70% and 30%

Check out the latest Palmetto Bay 33157 Demographic Summary or Palmetto Bay 33157 Demographics Detailed analysis.

Nearest Rotary Clubs:

What’s Rotary? Neighbors, community leaders, and global citizens uniting for the common good. Learn more at Rotary.org

Questions? Call / Text 305.305.1535 or Email Me!

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9229 SW 157 Ave Kendall FL $335,000 (SOLD)

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Single family home with 20+ foot tall ceilings. Open kitchen layout with stainless steel appliances, endless cabinetry, and counter-tops overlooking spacious family room and breakfast area. Magnificent elongated wood staircase and handrails. Windows all around which allow for natural light. Master bathroom has spa-tub and dual sink. Spacious yard with storage shed, half lawn and half brick covered. Newer 5-ton AC, barrel roof, and 2 car garage. Unique location limits local traffic.

Property Details:

  • Address: 9229 SW 157 Ave
  • City, State and Zip: Kendall FL 33196
  • Asking Price for sale: $335,000
  • Short sale or foreclosure: no / no
  • Type of property: single family home
  • Living and lot size (sqft): 2,845 / 5,456
  • Year built: 1997
  • Beds, full baths and half baths: 4 / 3 / 1
  • Garage: 2
  • Water front or access: no / no
  • Exterior walls and roof: concrete / barrel
  • Floor and pool: tile / no
  • Heating and cooling: central / central
  • Sewer: municipal

Why Buy This Home?

Given price per square foot, this home is priced right on the money.  So, to the right buyer willing to pay a price in a “recovering” market, this is it.  Last year alone, in this subdivision, the average home was selling for $295,000.  That is a 14% net price appreciation increase!

Condition of this property is beyond turn key.  This property includes some top of the line finishes.  Case and point: the handrails and some of the bedrooms on the second floor.  They consist of wood material, not laminate or composite.  All the new owners have to do is add their own “aesthetic” touch such as paint colors, etc.

The property sits in a dead-end section of the neighborhood.  This greatly restricts traffic to locals only (awesome if you have kids).  And is located a block off 157th avenue…which makes entering and exiting the area a breeze.  Add to that other great local amenities such as the exquisite Moon Thai, and So Yoga for life balance and fitness.  Oh…and don’t forget fun for kids (and adults), the well-known Kendall Ice Arena.

Monthly Mortgage Payment at 4.3% interest rate, 30-year fixed, and purchase price of $335,000:

  • FHA loan with 3.5% down: $1,600
  • Conventional loan with 5% down: $1,775
  • Conventional loan with 10% down: $1,492
  • Conventional loan with 20% down: $1,326

Need other mortgage scenarios? Mortgage Calculator

Local Schools:

Location:

 

Area Demographics:

  • Average Income: $71,059
  • Population: 44,031
  • Owners vs Renters: 74% and 26%

Check out the latest Kendall 33196 Demographics Summary or Kendall 33196 Demographics Detailed analysis.

Nearest Rotary Clubs:

What’s Rotary? Neighbors, community leaders, and global citizens uniting for the common good. Learn more at Rotary.org

Questions? Call / Text 305.305.1535 or Email Me!

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16432 SW 58 TE Kendall FL $2,700 (RENTED)

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Ready to move in two -storied single family home is quite west Kendall neighborhood with no HOA. Open kitchen layout with stainless steel appliances, wood cabinetry and granite counter tops overlooking family room. Two car garage and ample yard facing lake. Hurricane shutters, and volume ceilings. Master bedroom has its own terrace, separate sinks, bath-spa tub, walk in shower, and walk in closets. 2nd Floor has carpet.

Property details:

  • Asking Price for rent: $2,700
  • Short sale or foreclosure: no / no
  • Type of property: single family home
  • Living and lot size (sqft): 2,919 / 6,337
  • Year built: 2006
  • Beds, full baths and half baths: 5 / 4 / 0
  • Garage: 2
  • Water front or access: yes / no
  • Exterior walls and roof: concrete / tile
  • Floor and pool: tile and carpet / no
  • Heating and cooling: central / central
  • Sewer: municipal  

What’s Up Around This Home?

https://twitter.com/Field_Trip_MIA/status/561584712934649856

 

Local Schools:

Location:

Area Demographics:

  • Average Income: $58,293
  • Population: 45,662
  • Owners vs Renters: 66% and 34%

Check out the latest Kendall 33193 Demographics Summary or Kendall 33193 Demographics Detailed analysis.

Nearest Rotary Clubs:

What’s Rotary? Neighbors, community leaders, and global citizens uniting for the common good. Learn more at Rotary.org

Questions? Call / Text 305.305.1535 or Email Me!

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Killer Mindset For Today’s Market

White LionBuyer mindset for today’s market. What’s it like? How must you think to score the right deal given an opportunity?

The only way I can describe what you must be: patiently aggressive. Now…what the heck is that?

Today’s market consists of a historic low inventory. Add to that the portion that is made up of foreclosures and short sales. These type of properties are usually priced from fair market value up to 10% below it. This combination has created an outrageous demand for good homes in good areas.

Patiently aggressive buyers are like tigers hunting for deer after months of hunger. They wait for the right deal to cross their way because they know its coming. And once it comes, they don’t think. They act. They don’t plan. They execute. They don’t compare, analyze or start pondering if there is a better deal out there.

And in today’s market, for you the buyer, this is the right mindset you must have in order to score on a great deal. Ever heard of the saying, ” the deal of the century comes once a week”. Well, in this market, its coming once a month. So you must be ready.

Off-course, nothing is ever done without the right preparation. And where do you start? With a real estate agent?

Before stepping onto your car to view a single property, a real estate agent must explain to you three factors and not just simply throw you into a safari with a blessing. The three factors are:

  1. Expectations of how the market is, or how are other buyers’ conduct in buying properties so that you know how to compete in order to score a deal. Yes…as much as you may not think…this is competition. You are competing with other buyers.
  2. The process of making an offer within 24 hours from viewing the property.
  3. What are all your “ways out” of a contract after you submit an offer to a seller.

In conclusion, the above explanation is for buyers that claim they want a “hot deal”. And most buyers do. The problem is that lost of buyers and or their real estate agents are not aggressive by nature.