West Little River 5235 nw 7 ave, 690 nw 52 st / end- user/ redevelopment play/ T5O zoning.
1. Corner /Retail 2000SF Building on a nearly 13,000sf lot. Unique opportunity to acquire an existing funeral home, well established over 30 years, with all existing licenses, generating income $3,500k/month gross. Lease is M2M.
2. Corner Vacant parcel with mixed use zoning ideal multifamily development with retail component.
With a daily vehicle count of 24000, NW 7th ave is an important high traffic north-west corridor, connecting several critical neighborhoods of Miami and running parallel to I-95. The corridor is growing quickly in importance and is directly in the path of redevelopment, Property is located near the Liberty Square.
5235 NW 7th Ave, Miami, FL, 33127
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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