Priced to sell, one of the last remaining double lots with this extensive frontage on 54th St! 16,000 sf with 160 feet of frontage. Exceptional advertising being Just one block from I-95, 40,000 cars go by daily. Only minutes from Wynwood it presents an incredible investment opportunity. Utilities, water, and sewer are already connected. liberally Zoned T5-O, the lot allows for a variety of uses, including plazas, warehouses, offices, day care, gym, multifamily, and residential developments. Survey available Zoning permits up to 65 units per acre (approximately 24 units) and a building height of up to 75 feet, with a maximum of five stories. (See attached document for details.)
744 NW 54th St, Miami, FL, 33127
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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