Welcome to a remarkable opportunity in the heart of Wynwood! This property, recently rezoned to T4R, offers a canvas for your visionary development. The house, sitting on a generous 5008 SQ FT lot which has been rezoned under the NDR-2 UrbanCore Opportunity Zone.With the flexibility to build up to 4 floors and accommodate up to 17 rental units, the potential is boundless. Zero parking also allowed to enable max number of units (3 floors & 70% lot coverage) The main house boasts 4 bedrooms and 3 bathrooms,ensuring spacious living,while a separate guest house adds versatility. Imagine crafting a modern masterpiece in this vibrant art and culture hub. Embrace the future,seize the moment – Wynwood awaits your transformative touch!This home is currently leased as AirBnB approx 138K/year
126 NW 33rd St, 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.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB