Great opportunity to acquire a fully built-out, high-capacity indoor entertainment venue in the heart of Doral. The property features 31,460 SF of improvements on a 52,810 SF lot, delivered with a full suite of licenses and permits for immediate operation. Fully Equipped Bar & Commercial Kitchen, 100 Tons of HVAC (4 x 25-ton units) plus 2 additional 5-ton units on the second floor where 3 offices, 2 more bathrooms (6 in total), and VIP area are located. The building modification was completed in 2017; the asset is ideal for owner-operators or investors seeking to capitalize on the growing demand for experiential and recreational destinations in South Florida. More detailed information attached.
1360 NW 88th Ave, Doral, FL, 33172
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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