This property is a currently a single-family home, zoned as T4-L, located on bustling 12th Avenue in the heart of Allapattah. It is ideally positioned just minutes from Jackson Memorial Hospital and the University of Miami Medical Centers, offering excellent proximity to key health hubs. With easy access to highways such as 112 and I-95, as well as being directly across the street from the Allapattah train station, this location is highly convenient for commuting and transportation. The property offers a significant investment opportunity, especially with the potential impact of the Live Local Bill, which could enable the exploitation of the lot for maximum usage in a high-demand and rapidly growing neighborhood.
3430 NW 12th Ave, 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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