LOCATION. Income Producing Multi Family Triplex in Coral Gables with REDEVELOPMENT POTENTIAL FOR 3 STORY TWIN HOMES of Approximately 7000 sq.ft. Actual Gross Monthly rents $6000.00. Total gross rents can be increased. Main is 2/1 plus Den, F.Place, living dining, kitchen, laundry, walk-in closet $2,800 p/m. Side units is a 1/1 rented at $1,800 p/m. The Studio is rented for $1,400 p/m. Separate entrance and electric. Assigned on-site parking. This property has a lot of charm with re-development potential for twin or triple home or mixed use. . Walk to Miracle Mile, Tennis, Gym, Youth Center, Library, Park and Publix. PROPERTY IS BEING SOLD "AS IS" WITH A 15 DAY RIGHT TO INSPECT. SHOWINGS ONLY TO PRE-QUALIFIED BUYERS. DO NOT DISTURB TENANTS!
357 Santander Ave, 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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