Corner Lot location for Community Development. Investor/developer opportunity to contribute and develop a 23-unit apartment building with retail stores on the ground floor. The sale includes a free-standing restaurant with 2 adjoining lots approximately 11,250 sqft and 10 minutes away from Wynwood. Mixed-Use Corridor, Opportunity Zone Community which allows for a maximum of 2-10 floors building with a density of 90 max. Front and Rear setbacks are 25' for buildings up to 35' in height. For any additional questions, please contact the Planning Division at the Miami Dade Building Department to confirm zoning.
2451 NW 54th St, Miami, FL, 33142
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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