Unlock prime investment potential with this mixed-use property portfolio in Miami. It includes both residential and commercial spaces, making it ideal for investors and developers. List: Two single-family houses, A commercial tenant occupies "Boho House," a well-known bar and music venue. Opportunities: Additional fully built-out com. spaces for more income. Mixed-Use Opportunity: Five prime addresses in Miami's Opportunity Zone. Additional Perks: Valuable $500,000 liquor license and Catering license Opportunity Zone with tax benefits Location: In the Restricted Commercial zone. Near proposed Metro Mover extension station. Access to OMNI CRA and potential for 172 residential units. Current zoning allows for T6-12 Utilize a 10% waiver for a 27’ side setback instead of 30’
101 NE 20th St, Miami, FL, 33137
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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