Gino Zabala

Gino Zabala

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$399,900

($160,356 down)
FHA

220 NW 55th St, Fort Lauderdale, FL 33309

2
1
1,026 sqft
PITI Monthly
$2,262.76 /mo

Listing courtesy of: Chris Widen, The Keyes Company

Assumed Rate

6.26%
7.15%

Principal & Interest

$1,513 /mo
$1,658 /mo

What's Special

LOCATION
SHOPPING
DINING
SPACIOUS
CHARMING

Charming 2/1 home in the highly sought-after North Andrews Terrace neighborhood! This home boasts impact windows, a 1-car garage, & an inviting, open layout filled with natural light. The spacious, fully fenced backyard is perfect for entertaining, offering privacy, and providing plenty of room for pets or future expansion. A separate utility room in the backyard offers an ideal workshop or hobby room or could be converted into a cabana. While the home could benefit from updates & personal touches, it offers excellent potential. Just steps from North Andrews Neighborhood Park and minutes from Fort Lauderdale beaches, shopping, dining, and major highways. Whether you're a first-time homebuyer, downsizing, or an investor, this home offers excellent value in a prime location. Priced to move.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.26
Remaining Loan Term
28 years, 1 months
Monthly PITI
$2,262.76/mo
Estimated Loan Balance
$239,806
Cash to close
$160,356
Interest Paid
$29,134

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: CentralAir, Electric
  • Heating: Other
Features
  • Materials: Block
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Tile

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Composition, Shingle
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • 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: 1957
Details
  • Builder:

Community & HOA

Community
  • Subdivision: North Andrews Terrace
  • Features: NonGated, Park
HOA
  • Has HOA: No
Location
  • Region: Fort Lauderdale

Financial Details

  • Price per Sqft: $389.77
  • Tax Annual Amount: $5847
  • On Market Date: 2025-04-15T00:00:00.000Z
Inquire about this property

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Savings Calculator

Current cash to close is $160,356 (40%)
You can enter any amount below - secondary financing will cover the difference if needed.
40%
$

You cover the entire equity of $160,356!

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

Loan Breakdown

Assumed Mortgage6.26% Sellers Rate
$239,544
Your Cash$160,356
Total Purchase Price:$399,900

Assumed vs Traditional Mortgage

Assumed @ 6.26%
$1,513/mo
Traditional @ 7.15%
$1,720/mo
You save $207/month ($2,481/year)

*Secondary financing rates are an estimated value based on input

MLS ID: F10495816

Listing From:

Last updated: 2025-04-16T18:51:06.000Z

© , 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

6.26%
7.15%

Principal & Interest

$1,513 /mo
$1,658 /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 $160,356 (40%)
You can enter any amount below - secondary financing will cover the difference if needed.
40%
$

You cover the entire equity of $160,356!

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

Loan Breakdown

Assumed Mortgage6.26% Sellers Rate
$239,544
Your Cash$160,356
Total Purchase Price:$399,900

Assumed vs Traditional Mortgage

Assumed @ 6.26%
$1,513/mo
Traditional @ 7.15%
$1,720/mo
You save $207/month ($2,481/year)

*Secondary financing rates are an estimated value based on input

Follow Us
Real Brokerage
Agent/Broker
Gino ZabalaReal Brokerage(623) 552-1225ginozabalarealestate@gmail.comMLS SA712685000

© 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 Real Brokerage 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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