GNND Single Family With ANCILLARY UNIT (Granny Flat)

After Renovation Value $295,000+

  • LIST PRICE $207,500
  • GNND 50% Discount $103,750
  • FHA FINANCING YES
  • $100 DOWN PAYMENT ELIGIBLE
  • ADDRESS 1387 NW 58 ST
  • PROPERTY ID 01-3114-043-1740
  • TYPE SFR + ANCILIARY (T3-L)
  • BEDS 4
  • BATHS 2
  • HOUSE BLDG 1 1,644 Sq.Ft
  • BLDG 1 YEAR 1982
  • ANCILLARY BLDG 2 416 Sq.Ft
  • BLDG 2 YEAR 1988
  • LIVING AREA 2,060 Sq.Ft
  • LOT 5,300 Sq.Ft
  • CARPORT YES
  • FENCE YES

1387 NW 58th St Miami FL 33142

A RARE GOOD NEIGHBOR NEXT DOOR (GNND) OPPORTUNITY to have a House WITH an “Ancillary” Living Unit in Miami. THIS FAMILY HOME, WITH TWO SEPARATE LIVING AREAS, has a tremendous added value to purchase at a 50% discount from list price and renovate using FHA Renovation Financing known as a 203K. The GNND half price home program is an initiative sponsored by the US Department of Housing & Urban Development (HUD) that rewards community-oriented professionals for their persistent dedication and promotes the revitalization of targeted neighborhoods.

Deadline for this home is: 1/17/2020 at 11:59 PM CT

 

 

The purpose of the program is to improve the quality of life in communities throughout our great nation. This is accomplished by encouraging Law Enforcement Officers, Teachers, Firefighters and Emergency Medical Technicians (EMT) to purchase and live in homes that are in the same communities where they perform their daily responsibilities. To be eligible to participate in the GNND program, you must be a full-time Law Enforcement Officer, Firefighter or EMT employed by any of the local responding area governmental agencies. Also eligible are full-time Pre-Kindergarten through 12th grade Teachers employed by the servicing area public school district and full-time Pre-Kindergarten through 12th grade private school Teachers providing services to students in the area where the home is located. Neither your spouse nor you may currently own a home or have owned a home within the last 12 months. Also, if you or your spouse have previously obtained a home on the GNND program or the predecessor programs Officer Next Door / Teacher Next Door, then you are not eligible. To take full and complete advantage of the GNND 50% discount, participants for a minimum of three years must live in the home as their primary residence.

For more information, FAQs, and notifications when more GNND homes are available, go to: www.GNND.com

  • Luke Amoresano
    Luke Amoresano Exceed Expectations
    Broker Model P.A.
    Licensed Broker: BK3314633
    Certified General Contractor: CGC1528372
    Certified Roofing Contractor: CCC1332712
    2550 NW 72nd Ave Suite 300
    Miami, FL 33122