Little Havana Iconic Adaptive Re-use Food & Beverages or Hospitality Site. El Jardin at 1568 SW 7 St is one of little
Havana’s prettiest building complexes, and a wonderful opportunity for adaptive re-use. The site has 3
architecturally attractive buildings well-distributed around a central courtyard on a 13,000sf lot. The site has shovel- ready, fully approved plans, to completely renovate the property for 19 studio apartments which can be managed as standard apartments or as approved short-term/hotel stays. Alternatively, building can be re-purposed for restaurant uses. What most sets the site apart is its location along Little Havana’s Main Street Corridor and Tourist Central of Calle Ocho/SW 7 st.
1568 SW 7th St, Miami, FL, 33135
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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