Exceptional development opportunity in the central Neighborhood Business District in Downtown Hialeah. Feasibility and Parking Study have been completed. A 7-unit mixed-use building can be built, by-right, without taking advantage of any affordable housing incentives. Visible directly from Okeechobee, and being next to the popular restaurant La Fresa Francesa, gives this block huge potential for a newly envisioned mixed-use area. We have designed the building to have a commercial space on the ground floor and a potential F&B rooftop space. The vision you will see attached is inspired by old Havana architecture. This is a chance to make this downtown Hialeah block iconic. A future assemblage of the adjacent lots can truly create something special.
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Listing courtesy of Atlas Investment R.E., Inc. 305-502-3224
33 W 3rd Street, Hialeah, FL, 33010
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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