$1,099,000
($85,920 down)1318 SE 12th Ter, Deerfield Beach, FL 33441
PITI Monthly
Listing courtesy of: Talaal Chaudhry, Real Broker, LLC
Assumed Rate
2.69%
7.15%Principal & Interest
$4,600 /mo
$7,669 /moWhat's Special
Waterfront Paradise in The Cove – Private Pool, 3-Car Garage, Oversized Lot Welcome to your South Florida oasis in the coveted Cove neighborhood of Deerfield Beach. This expansive 3-bedroom, 2-bath ranch home sits on a 12,628-square-foot waterfront lot with direct canal frontage and a private dock—perfect for boaters and water lovers alike. With 2,314 sq ft of living space, this home features an open layout, circular driveway, and a 3-car attached garage. Step outside to enjoy the screened-in patio, private pool, and serene canal views—ideal for entertaining or relaxing in the sun. Built in 1968 and thoughtfully maintained, this home offers a rare blend of size, location, and potential. No HOA. Close to the beach, shopping, dining, and everything Deerfield Beach offers.
Assumption Snapshot
Type of Loan
FHA
Interest Rate
2.69
Remaining Loan Term
25 years, 5 months
Monthly PITI
$6,341.13/mo
Estimated Loan Balance
$1,017,720
Cash to close
$85,920
Interest Paid
$132,881
Facts & Features
Interior
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
Cooling & Heating
- Cooling: Other
- Heating: Other
Features
- Materials: Other
- Community: Unknown
- Has Fireplace: No
- Fireplace Features: Unknown
- Flooring: Other
Exterior
Fencing
- Fencing: Unknown
Roof
- Roof: Other
Parking
- Garage: Yes
- Garage Spaces: 3
- Carport: Yes
- Carport Spaces: 3
Water
- Sewer: PublicSewer
- Water Source: Public
Pool
- Has Pool: Yes
- Pool Features: Pool, Private
Construction
Type & Style
- Stories:
- Home type: SingleFamilyResidence
- Architectural Style: Ranch
Materials
- Other
- Roof: Other
Condition
- Year Built: 1968
Details
- Builder:
Community & HOA
Community
- Subdivision: The Cove 5th Sec 39-5 B
- Features: NonGated
HOA
- Has HOA: No
Location
- Region: Deerfield Beach
Financial Details
- Price per Sqft: $474.94
- Tax Annual Amount: $7647
- On Market Date: 2025-04-23T00:00:00.000Z
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Loan Breakdown
Assumed vs Traditional Mortgage
*Secondary financing rates are an estimated value based on input
MLS ID: F10499443
Listing From:
Last updated: 2025-04-23T21:30:43.000Z
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Assumed Rate
2.69%
7.15%Principal & Interest
$4,600 /mo
$7,669 /moInquire about this property
We will reach out to you with more details
Fill out an application to explore financing options for assuming this loan.
Apply nowSavings Calculator
You cover the entire equity of $85,920!
Enter a smaller amount if you prefer to use secondary financing.
Loan Breakdown
Assumed vs Traditional Mortgage
*Secondary financing rates are an estimated value based on input
Follow Us
Agent/Broker
David LewisCommunity, Brokered by Real(303) 668-4343basecamp@realcommunity.comMLSResources
Apply to Assume© 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 Community, Brokered by Real 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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