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Hillsborough County · Wimauma, FL 33598

WIMAUMA SUB-TO | 3.5% RATE | TURNKEY | NO BALLOON | CONSERVATION LOT

$41,900
3
Beds
2
Baths
1,540
Sq ft
2021
Year built
$283K spreadNew construction

About this property

Address: 16638 Delia St, Wimauma, FL 33598

Entry Fee: $36,900 + CC + TC

Total Purchase Price: $41,900

Existing Mortgage: $250,672.65 @ 3.5%

Key Details

  • Beds / Baths: 3 Bed / 2 Bath
  • Living Area: 1,540 sqft
  • Property Type: Single Family Residence
  • Year Built: 2021
  • Lot Size: Approx. 7,331 sqft
  • Community: Creek Preserve
  • HOA: Approx. $13 / Month
  • Furnished: No
  • Pool: No Private Pool
  • Garage: 2-Car Attached Garage
  • Stories: 1
  • Multi-Unit: No
  • Condition: Turnkey / Move-In Ready
  • Conservation Lot
  • No Rear Neighbors

Public/MLS data confirms the 3/2 configuration, 1,540 SF, 2021 construction, conservation lot, attached 2-car garage and Creek Preserve community.

Financing Details

  • Original Entry Fee: $24,900
  • Marketed Entry Fee: $36,900 + CC + TC
  • Total Purchase Price: $41,900
  • Existing Mortgage Balance: $250,672.65
  • Interest Rate: 3.5%
  • PITI: $2,175.62 / Month
  • Second Loan Balance: $36,568.14
  • Second Loan Rate: 11.125%
  • Second Loan Payment: $339.76 / Month
  • Balloon: None

Monthly Payments

  • PITI: $2,175.62
  • Second Loan Payment: $339.76
  • HOA: $13.00
  • Total Monthly Payment: $2,528.38

Property Highlights

  • Turnkey / Ready to Move In or Rent
  • 2021 Construction
  • Open-Concept Floor Plan
  • Split-Bedroom Layout
  • Large Kitchen Peninsula
  • Walk-In Pantry
  • Primary Suite With Walk-In Closet
  • Dual Vanity
  • Walk-In Shower
  • Oversized Backyard
  • Conservation Views
  • No Rear Neighbors
  • Fire-Pit Area
  • Attached 2-Car Garage
  • Community Pool
  • Clubhouse
  • Dog Park
  • Sidewalks & Street Lights
  • Convenient Access to I-75

The current listing describes the property as beautifully maintained and move-in ready and confirms the open layout, oversized backyard, conservation views and community amenities.

Rental Potential

  • Estimated LTR: $2,325 / Month
  • Estimated STR: $2,750 / Month

The $2,325 LTR projection also matches Zillow's current Rent Zestimate.

HOA / Rental Information

  • HOA: Approx. $150 / Year
  • HOA Monthly Equivalent: Approx. $12.50-$13
  • Minimum Lease Term: 7 Months
  • HOA Amenities Include Community Pool & Grounds Maintenance

MLS information reports a minimum lease term of seven months, so short-term rental eligibility should not be represented as confirmed.

  • Property is being sold Subject-To the existing mortgage
  • Second loan remains part of the financing structure
  • No balloon
  • Mike Graham
  • NexKey Collective

Property snapshot

Layout3 Bed / 2 Bath
Living area1,540 sq ft
Year built2021
Property typeLand
CountyHillsborough County

Deal details

Asking price$41,900
ARV estimate$325,000
Spread (ARV − asking)$283,100
Brought to you by
M
Ms. Meriam Aberri
Miami Off-Market Deals
+1 (305) 762-9521office.royal.investments@gmail.com1 Alhambra Plaza, Penthouse Floor, Coral Gables, FL 33134

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The numbers

Asking
$42K
ARV est.
$325K
Spread
$283K
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Ms. Meriam
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