1818 SE 10th St Fort Lauderdale, Florida 33316

Posted May 11, 2009 @ 7:32 am, Viewed by 268 Visitors, Read 268 Times.

When people tell me Fort Lauderdale is expensive, I tell them you really have no idea. This property located at 1818 SE 10th St Fort Lauderdale, Florida 33316 is listed at $28,000,000.00...that's $28 Million for the mathematically challenged.

If you go a zero down, interest only mortgage at just 5%, your monthly mortgage payment would be a mere $116,000.00 bucks per month. I won't even tell you what the taxes are on this baby!

So let's say in this new era of mortgage banking that you needed to make sure that your mortgage payment was in line with your income and you could'nt go over a ratio of say 35%, you would need to make in the neighborhood of $4,000,000.00 plus!

Maybe we need to give Alex Rodriguez from the Yankees or one of the Dolphins a call...that's chump change for them!

Anyway, if you'd like to see more information on this home and you roll with that kind of jack, take a look at this article about the property located at 1818 SE 10th St Fort Lauderdale, Florida 33316

Talk to you soon,

Robin

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ilikea

ilikea I'm a true nonconformist, get it done, real estate agent and an avid blogger with a passion for scuba diving, most things sci-fi, and big game sport fishing. Read More

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