Seize the opportunity to own this fully leased, income-producing gem at 2223 SW 13th Ave, Miami. Boasting 4,912 Sq. Ft. of prime leasable space in the vibrant Coral Way district, this turnkey investment offers effortless management with two tenants on long-term, expense-covering leases, generating over $220K in net income annually with a solid 5% Cap Rate and 4.5% yearly rent increases. The property’s strategic location provides direct access to Brickell, Downtown, Coral Gables, and the airport. Recent upgrades, including a new roof and impact windows, ensure minimal future maintenance. Don’t miss out on this exceptional, high-yield asset poised for growth!
2223 SW 13th Ave, Miami, FL, 33145
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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