Rare to market, this assemblage consists of 4 lots, total 26,800 sf with 200 ft along busy NE54th street,
lots are zoned commercial automotive or marine! One lot has a 1,000 sf warehouse with 4 offices. Currently being used as a transmission repair shop and a vehicle exporter. Tenants are paying $6k/m. There are no leases. This strategic location is next to Little Haiti, the up-and-coming River district. Minutes from famous Wynwood, and 12 mins to the airport, at I-95, which connects to all major highways. Signage would be highly visible to over 40,000 cars daily. Great development opportunity for warehouses, shops, car dealerships, or high density residential and retail (mixed use). Buyers Must contact planning and zoning, to verify their project before submitting offers.
Subdivision:
RAILWAY SHOPS ADDN 2ND AM
Utilities
Electricity Available,Phone Available,Sewer Available,Trash Collection,Underground Utilities,Water Available
570 NW 54th 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.
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