Cash flow, multi-use functionality, and future development potential all in one! Located just blocks away from Miami’s vibrant NW 36th Street corridor, this mixed-use powerhouse includes: ( One Duplex / Two Apartments / Parking Storage Lot / Commercial Space - currently operating as a nightclub restaurant ) The entire property is leased on a month-to-month basis with long term tenants, generating an estimated gross income of $232,000 per year. BU-1A zoning allows for construction of up to four stories and offers a wide range of property uses. Don’t miss out on this rare find! With potential for increased rents & significant future development potencial, this property could be the perfect addition to your investment portfolio. Schedule your tour or call today to explore the possibilities!
3490 NW 32nd Ave, Miami, FL, 33142
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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