😎 😎 😎Florida Home of the Day: Foreclosed Fort Lauderdale Mansion – $6.995 Million - Priced Below Appraisal! 😹 😹 😹 Address: 414 Riviera Isle Drive, Fort Lauderdale, 33301 Price: 6,995,000 Taxes: $87,530 Layout: 8 bedrooms, 10.5 baths, 18,491 Square Ft What I like about it: The 16 seat movie theater lounge did it for me. I never like sitting in the same spot when I go to the movies and the selection of seating here makes it feel as if I am going out on a Friday date night. Get Pre Approved – visit ChrisLuis.com and fill an application. Down Payment 10% = $699,500 Closing Costs: $126,764 Cash to Close: $826,264 Monthly Payments (mortgage, interest, taxes and insurance): $45,343 Notes: A few years ago, Steven Mariano was one of Fort Lauderdale’s most prominent businessmen and headed Patriot National insurance company. Now, he just didn’t miss a few credit card payment, he was ousted from his now bankrupt company amid allegations of fraud. The bank is now seeking to foreclose. And, they are desperate. Mariano owes $4.5 million on his mortgage. But I would make them a ridiculous. Another bank, Fifth Third Bank, is seeking to collect on the proceeds from the sale in order to collect on a $32 million loan for a yacht, named Lady Sara (who is rumored to be a local stripper), and $12.5 million revolving loan the bank claims it made to Mariano. This guy really lived the high life. Mariano’s companies, Patriot National and Guarantee Insurance Co., were in the same floor that was formerly occupied by the law office of Scott Rothstein, the convicted mastermind of Florida’s biggest Ponzi scheme. Hmmnn!??? Listing Agent: Lori Novello Cortese, ONE Sotheby’s International, 954-464-1102 #foreclosedhomes, #ponzi, #FtLauderdaleRealEstate, #FtLauderdale, #PriceReduced, #FloridaRealEstate, #FloridaHomeoftheDay, #FloridaHomes, #GetaMortgage, #FirstTimeHomebuyer, #HistoricFlorida, #VintageFlorida, #Mortgage, #FloridaMortgageBroker, #SarasotaFlorida, #FloridaHistory, #HouseHunting, #Homebuyers, #SarasotaRealEstate, #TampaRealEstate, #OrlandoRealEstate, #MiamiRealEstate,#JacksonvilleRealEstate,#MortgageBroker, #Loans. https://www.instagram.com/florida_home_of_the_day/p/BxCgGVNgZKh/?utm_source=ig_tumblr_share&igshid=1agcw8gg6bllk
