Exceptional investment opportunity in Miami’s Civic Center. This 14-unit building sits on a 17,875 SF lot with 10,602 SF of living area. It features 5 large 2BD/1BA and 9 spacious 1BD/1BA units. Zoned T-6-8-R with significant redevelopment upside. Under Florida’s Live Local Act, the site may allow up to 410 units (buyer to verify). Ideal for multifamily or mixed-use development in a high-demand rental market. Centrally located near hospitals, government offices, and public transit. Strong long-term value and growth potential in one of Miami’s most strategic and dynamic urban cores.
Miami, FL, 33125
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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