Investment Opportunity in the Heart of South Beach! Presenting 1310 15th St, a charming two-story building with 4 units, with potential for increased revenue. Units #1 & 2 are currently rented on a month-to-month basis, providing flexibility for a new owner. Meanwhile, unit #3 is owner occupied and #4 currently vacant. The list price encompasses all units, making it a seamless investment opportunity. Situated on a 5,600 SF lot, the building spans 4,278 SF of living space, which provides ample room. Located just blocks away from the beach, Lincoln Road, Espanola Way, and Flamingo Park, tenants can enjoy the vibrant lifestyle South Beach has to offer. Don't miss out on this prime investment in a highly sought-after location! RM-1 Zoning. LOT SIZE 12.500 X 112
1310 15th St, Miami Beach, FL, 33139
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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