Rare opportunity to buy a Boutique Building on exclusive Miracle Mile. This 4680 sq ft free standing retail building is equally divided into 3 retail spaces which have long term tenants below market rents. This property is in the prime location of the (CBD) Coral Gables commercial district. Ideal frontage on Miracle Mile that offers a buyer a variety of commercial uses. "Miracle Mile" is the downtown Central Business District's main promenade for fine and casual dining, boutique shopping, and popular meeting venues. In 2018, the $21 Million "Streetscape" debuted revitalizing the "Mile" with a pedestrian promenade, public space, dining al fresco, landscaping and art. Neighboring business' include The Gramercy, Restaurant Forte by Chef Adrianne, Salons by JC, Club Pilates, Iron Sushi, USPS.
345 Miracle Mile, Coral Gables, FL, 33134
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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