7 photos
$689,000
5254 NW 2ND Terrace
Miami, FL 33126
Joanna Levin, Compass Florida LLC · (954) 257-0657
What the listing says
Discover this duplex in the heart of miami. Each unit 3 bed 1 bath. Front unit has an additional bonus room. Each unit 2,126 square feet of well-planned living space on a single floor per property appraiser. Front unit is occupied at $2150 a month, back unit is vacant. This is a solid investment option for those seeking rental income potential or a streamlined living arrangement. Seller financing is available
See the original listing ↗This listing mentions owner financing. Terms are set by each seller and are negotiable. The description and numbers come from the listing and Zillow; confirm availability, the price and any financing with the seller or their agent.
Property Details
Property Type
Multi-Family
Lot Size
6,950 sq ft
HOA
None
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Questions about owner financing in Miami
What is owner financing for 5254 NW 2ND Terrace?
Owner financing means the seller of 5254 NW 2ND Terrace acts as the lender. Instead of getting a mortgage from a bank, you make monthly payments directly to the property owner. The listing for this Miami, FL home mentions owner financing; confirm it with the seller.
Do I need good credit for owner financing?
There's no bank approval, but each seller sets their own requirements. Some check credit, income or references; others don't. Ask the seller or their agent what they need.
How much is the down payment for this Miami home?
There is no standard down payment. The seller of this Miami home sets their own, and it is negotiable. Ask the seller or their agent.