6 duplexes with a total of 12 units; 10 units are 3 bedrooms and 1 bathroom, and 2 Units are 2 bedrooms and 1 bathroom. Each unit is approximately 670 square feet, and 2 duplexes have new roof in 2023. All properties are located in the same block next to each other, along SW 184th Street; only a few blocks West of US-1 area; and a few blocks East of Florida’s Turnpike Highway. Covered land play with potential development of 36 Townhouses by right. Quiet neighborhood with many parks and great connectivity, including close proximity to shopping plazas and grocery stores. Adjacent to Villages of Palmetto Bay and Cutler Bay. Undervalued Opportunity with a lot of upside. Partially vacant, all tenants are month to month.
10621 SW 184th St, Cutler Bay, FL, 33157
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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