This property consists of 31 units, each featuring two bedrooms and two bathrooms, offering immediate rental income in a high-demand area. Located just minutes from Florida International University (FIU), it ensures steady occupancy. The property’s University City District (UC) zoning allows for potential redevelopment into a 15-/+ story, 200-/+ unit mixed-use project, making it a lucrative opportunity for investors and developers.
This is a strategic investment with both short and long-term potential. Buyers are advised to conduct their own due diligence to verify zoning, development potential, and all property details. This is a rare opportunity to capitalize on a high-growth area with unbeatable potential.
10904 SW 2nd, Sweetwater, FL, 33174
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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