Discover an exceptional investment opportunity in the vibrant Civic Center neighborhood of Miami Dade. This 14-unit building boasts a generous lot size of 17,875 sq ft and a building size of 10,602 sq ft. The property features a diverse mix of units, including 5 spacious 2-bedroom, 1-bathroom units and 9 comfortable 1-bedroom, 1-bathroom units, catering to a wide range of tenants. With a T-6-8-R zoning designation, the potential for future development and growth is significant. This prime location offers proximity to major hospitals, government centers, and public transportation, making it highly desirable for both residents and investors. Don't miss out on this unique opportunity to own a valuable piece of real estate in one of Miami's most dynamic areas.
Miami, FL, 33125
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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