Exceptional development opportunity in Miami Design District. To facilitate sellers' exit we are seeking a suitable offer. Previous sale price of $10,450,000 on April 10, 2023. Our aim is to arrive at a price that not only enables the sellers to exit the deal but also provides them with compensation that reflects the value of their time and effort. Freestanding w Gates, 13 VIP Parking Spaces. A COMPOUND. 114 ft Frontage on 36th St. Current Certificate of Use is Nightclub, Restaurant w kitchen grease-trap, hood. Perfect for National Brands seeking high visibility. Embark on gut renovation or build up to 12-20 floors for mixed-use, hotel, residential. Zoned T6-12-O, allowing 83,472 - 108,513 sq ft. Ideal for flagship showcase or sky-scraper. Location, location, location.
175 NE 36th St, Miami, FL, 33137
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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