Prime redevelopment opportunity in the City of Miami consisting of a five-parcel assemblage offered for sale together. The two parcels fronting SW 37th Avenue are zoned T6-8-O under the Miami 21 zoning code, allowing for mixed-use development. The three additional parcels on SW 25th Terrace are zoned T3-O, suitable for low-density residential use. All parcels are currently occupied under short-term leases (except for 3681 SW 25th Terrace, which is a vacant lot), providing flexibility for immediate or phased redevelopment. With dual frontage, high visibility, and a strategic location in a rapidly evolving area, this assemblage presents an outstanding opportunity for investors or developers seeking scale and zoning versatility in the Miami market.
2537 SW 37th Ave, Miami, FL, 33133
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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