Tracy Strachan

Tracy Strachan

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$675,000

($297,470 down)
FHA

2788 NW 20th St, Fort Lauderdale, FL 33311

3
3
1,913 sqft
PITI Monthly
$3,252.32 /mo

Listing courtesy of: Dewayne McNair, Charles Rutenberg Realty FTL

Assumed Rate

5.52%
7.15%

Principal & Interest

$2,235 /mo
$2,653 /mo

What's Special

PATIO
NO HOA
FULLY FURNISHED

NO HOA OR HOA FEE. Fully furnished townhome available for purchase. The townhome next door is available as well. The homes were built in 2022 and underwent exterior and interior renovation in 2024. The home has 3 bedrooms and 3 bathrooms. The fenced-in backyard features a large concrete patio. The home is 20 minutes from the beach, 14 minutes from the airport, 5 minutes from Wilton Manors, and 12 minutes from Las Olas. The 5000 square foot lot has plenty of room for a swimming pool.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.52
Remaining Loan Term
27 years, 4 months
Monthly PITI
$3,252.32/mo
Estimated Loan Balance
$378,520
Cash to close
$297,470
Interest Paid
$56,790

Facts & Features

Interior

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

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • Carport: Yes
  • Carport Spaces: 1
Water
  • Sewer: Unknown
  • Water Source: Unknown
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories: 2
  • Home type: Townhouse
  • Architectural Style: Unknown
Materials
  • Block
  • Roof: Unknown
Condition
  • Year Built: 2022
Details
  • Builder:

Community & HOA

Community
  • Subdivision: ROCK ISLAND PARK
  • Features: NonGated
HOA
  • Has HOA: No
Location
  • Region: Fort Lauderdale

Financial Details

  • Price per Sqft: $352.85
  • Tax Annual Amount: $6870
  • On Market Date: 2025-04-10T00:00:00.000Z
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.

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Savings Calculator

Current cash to close is $297,470 (44%)
You can enter any amount below - secondary financing will cover the difference if needed.
44%
$

You cover the entire equity of $297,470!

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

Loan Breakdown

Assumed Mortgage5.52% Sellers Rate
$377,530
Your Cash$297,470
Total Purchase Price:$675,000

Assumed vs Traditional Mortgage

Assumed @ 5.52%
$2,235/mo
Traditional @ 7.15%
$2,752/mo
You save $517/month ($6,200/year)

*Secondary financing rates are an estimated value based on input

MLS ID: F10497567

Listing From:

Last updated: 2025-04-13T19:03:14.000Z

© , 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

5.52%
7.15%

Principal & Interest

$2,235 /mo
$2,653 /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 $297,470 (44%)
You can enter any amount below - secondary financing will cover the difference if needed.
44%
$

You cover the entire equity of $297,470!

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

Loan Breakdown

Assumed Mortgage5.52% Sellers Rate
$377,530
Your Cash$297,470
Total Purchase Price:$675,000

Assumed vs Traditional Mortgage

Assumed @ 5.52%
$2,235/mo
Traditional @ 7.15%
$2,752/mo
You save $517/month ($6,200/year)

*Secondary financing rates are an estimated value based on input

Follow Us
UMe Assumptions
Agent/Broker
Tracy Strachan(602) 573-1500tstrachan05@gmail.comMLS

© 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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