Discover Your Dream Waterfront Home in Lauderdale Isles
Are you searching for the perfect waterfront home in Fort Lauderdale? Look no further than this stunning property located at 2512 Tortugas Ln. With a listing price of $1,275,000, this home offers exceptional value in the highly sought-after Lauderdale Isles neighborhood.One of the standout features of this property is its boater-friendly location. If you're a boat enthusiast, this home is a dream come true. Not only does it provide 70 feet of ocean access, but it also boasts deep water frontage with a private dock. The best part? There are no fixed bridges, allowing even tall vessels to navigate freely. Imagine the joy of cruising to waterfront eateries and hotspots without any constraints!As you step inside, you'll immediately appreciate the updated and spacious interior. This tri-level, split floor plan offers a comfortable and functional layout. The mid-century styling adds a touch of character, while the solid wood and tile floors create a warm and inviting atmosphere.The gourmet kitchen is sure to impress any culinary enthusiast. Featuring large quartz counters, wood cabinets, and new stainless steel appliances, it's a chef's paradise. The abundance of storage space and laundry facilities add to the convenience of daily living.In addition to its aesthetic appeal, this home is equipped with practical features that enhance its value. Full impact windows and doors offer peace of mind, while the 30 amp EV charger caters to the needs of electric vehicle owners. Recent updates, including a new roof, circuit box, water heater, and AC, ensure that you can move in without any worries.Outside, you'll find a delightful pool and two spacious patios, perfect for entertaining guests or simply relaxing in the Florida sun. The large fenced backyard provides privacy, and the presence of fruit trees adds a touch of natural beauty to the surroundings.Another highlight of this property is the absence of any homeowner's association or restrictions. You have the freedom to truly make this house your own and enjoy your South Florida lifestyle without limitations.Don't miss out on this incredible opportunity! Schedule a viewing today and witness the exceptional value that this waterfront home in Lauderdale Isles offers. Your dream home awaits you at 2512 Tortugas Ln.
FHA Releases 2024 Loan Limits
For a one-unit Single Family Title II forward mortgage, the base limit will be $498,257 and go as high as $1,149,825 in selected areas of Fla. WASHINGTON – The Federal Housing Administration (FHA) announced new loan limits for calendar year 2024 for its Single Family Title II forward and Home Equity Conversion Mortgage (HECM) insurance programs. It says loan limits rose in most U.S. areas. “The statutory loan limit increases announced today reflect the continued rise in home prices seen throughout most of the nation in 2023,” says Assistant Secretary for Housing and Federal Housing Commissioner Julia Gordon. “The increases … will enable homebuyers to use FHA’s low-down-payment financing … when a lack of affordability threatens to shut well qualified borrowers out of the market.” FHA is required to update its annual loan limits each year using a formula prescribed in the National Housing Act, which uses county or Metropolitan Statistical Area (MSA) home sale data to derive new loan limits for the three different cost categories established by the law. The new forward mortgage loan limits in the table below are effective for FHA case numbers assigned on or after Jan. 1, 2024. HECM loan limits The Home Equity Conversion Mortgage (HECM) maximum claim amount will increase from $1,089,300 in calendar year 2023 to $1,149,825 for FHA case numbers assigned on or after January 1, 2024. The maximum claim amount is applicable to all areas, including the special exception areas of Alaska, Hawaii, Guam and the U.S. Virgin Islands. © 2023 Florida Realtors®
