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OverviewWhat's SpecialLocationAssumption SnapshotFacts & Features
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Closed
Closed

$499,000

($46,765 down)
FHA

1141 NW 56th St, Miami, FL 33127

4
2
1,573 sqft
PITI Monthly
$3,842.41 /mo

Listing courtesy of: Lowell C Crawford, Charles Lowell Realty Inc

Assumed Rate

6.99%
7.15%

Principal & Interest

$3,018 /mo
$3,067 /mo
$28,976 in interest paid off

What's Special

INVESTORS
LOCATION
This is a remarkable and rare opportunity to own this 4/2 home in one of Miami's most emerging real estate markets. This home has only 2 previous
owners who have maintained the property nicely over the years. The property has unbelievable charm and potential. The location is one of the most
desirable in Miami. Easily accessible to Wynwood, Downtown Miami, Brickell, Bayside, Miami Int. Airport, the Port of Miami and South Beach. All within
less than a 20 minute drive from the property. The property has a huge backyard and some of the bonus amenities include a rear screen... Show more
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.99
Remaining Loan Term
29 years, 1 months
Monthly PITI
$3,842.41/mo
Estimated Loan Balance
$453,374
Cash to close
$46,765
Interest Paid
$28,976

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Block
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: CeramicTile, Vinyl

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Composition, Shingle
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: Yes
  • Carport Spaces: 1
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories:
  • Home type: SingleFamilyResidence
  • Architectural Style: OneStory
Materials
  • Block
  • Roof: Composition, Shingle
Condition
  • Year Built: 1945
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Lin Heights
  • Features: NonGated, Other
HOA
  • Has HOA: No
Location
  • Region: Miami

Financial Details

  • Price per Sqft: $317.23
  • Tax Annual Amount: $4030
  • On Market Date: Feb 06, 2024
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Savings Calculator

Current cash to close is $46,765 (9%)
You can enter any amount below - secondary financing will cover the difference if needed.
9%
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0%20%50%

You cover the entire equity of $46,765!

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

Loan Breakdown

Assumed Mortgage6.99% Sellers Rate
$452,235
Your Cash$46,765
Total Purchase Price:$499,000

Assumed vs Traditional Mortgage

Assumed @ 6.99%
$3,018/mo
Traditional @ 7.15%
$3,182/mo
You save $163/month ($1,959/year)

*Secondary financing rates are an estimated value based on input

MLS ID: F10422588

Listing From:

Last updated: Nov 12, 2024 03:42pm

© 2025, 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

6.99%
7.15%

Principal & Interest

$3,018 /mo
$3,067 /mo
$28,976 in interest paid off
Inquire about this property
​
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​
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​

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 $46,765 (9%)
You can enter any amount below - secondary financing will cover the difference if needed.
9%
$
0%20%50%

You cover the entire equity of $46,765!

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

Loan Breakdown

Assumed Mortgage6.99% Sellers Rate
$452,235
Your Cash$46,765
Total Purchase Price:$499,000

Assumed vs Traditional Mortgage

Assumed @ 6.99%
$3,018/mo
Traditional @ 7.15%
$3,182/mo
You save $163/month ($1,959/year)

*Secondary financing rates are an estimated value based on input

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May, 14 2025

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