AUCTION. Investor Alert! Multi-Unit Gem. Seize this incredible opportunity to own a 5-unit apartment complex in this North Miami neighborhood. This multi-unit property boasts 5 one-bedroom, one-bathroom units. Option for income potential with this property. Residents will enjoy parking and the proximity to public transportation, shopping centers, restaurants, parks, a golf course, and various outdoor recreational activities. All potential Buyers are requested to check with the City, County, Zoning, Tax, and other records to determine all details on this property. The Buyer is responsible for performing their due diligence. The property is SOLD as-is with no repairs. NOTE - Zoning and Permit Issues exist - Liens exist. Buyer would be required to sign HOLD Harmless.
780 NE 127th St, North Miami, FL, 33161
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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