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Closed
Closed

$470,000

($209,377 down)
FHA

7953 Madeira St, Miramar, FL 33023

3
3
1,320 sqft
PITI Monthly
$1,817.6 /mo

Listing courtesy of: Alvaro Delgado, Lifestyle International Realty

Assumed Rate

3.07%
7.15%

Principal & Interest

$1,177 /mo
$1,869 /mo
$27,354 in interest paid off

What's Special

OPEN CONCEPT
DINING
SPACIOUS
MODERN
RENOVATED
Welcome to this beautifully renovated 3 bedroom, 2.5-bath home, offering a spacious 1,320 square feet of modern living. The interior features a stylish
open concept design, seamlessly connecting the living, dining, and kitchen areas, perfect for entertaining family and friends. The bathrooms have been
updated with contemporary fixtures and finishes, providing a fresh and inviting atmosphere. Step outside to enjoy the impressive 400 square foot
aluminum terrace, perfect for entertaining or simply unwinding. The generous yard provides ample room to park a recreational vessel. T... Show more
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.07
Remaining Loan Term
26 years, 8 months
Monthly PITI
$1,817.6/mo
Estimated Loan Balance
$261,133
Cash to close
$209,377
Interest Paid
$27,354

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
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, Shingle
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces: 0
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: 1961
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Miramar Sec 12 52-4 B
  • Features: NonGated
HOA
  • Has HOA: No
Location
  • Region: Miramar

Financial Details

  • Price per Sqft: $356.06
  • Tax Annual Amount: $3331
  • On Market Date: Oct 05, 2024
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Savings Calculator

Current cash to close is $209,377 (45%)
You can enter any amount below - secondary financing will cover the difference if needed.
45%
$
0%20%50%

You cover the entire equity of $209,377!

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

Loan Breakdown

Assumed Mortgage3.07% Sellers Rate
$260,623
Your Cash$209,377
Total Purchase Price:$470,000

Assumed vs Traditional Mortgage

Assumed @ 3.07%
$1,177/mo
Traditional @ 7.15%
$1,939/mo
You save $762/month ($9,140/year)

*Secondary financing rates are an estimated value based on input

MLS ID: F10465108

Listing From:

Last updated: Nov 21, 2024 12:08am

© 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

3.07%
7.15%

Principal & Interest

$1,177 /mo
$1,869 /mo
$27,354 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 $209,377 (45%)
You can enter any amount below - secondary financing will cover the difference if needed.
45%
$
0%20%50%

You cover the entire equity of $209,377!

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

Loan Breakdown

Assumed Mortgage3.07% Sellers Rate
$260,623
Your Cash$209,377
Total Purchase Price:$470,000

Assumed vs Traditional Mortgage

Assumed @ 3.07%
$1,177/mo
Traditional @ 7.15%
$1,939/mo
You save $762/month ($9,140/year)

*Secondary financing rates are an estimated value based on input

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May, 16 2025

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