Petite & charming duplex Located in the heart of Little Havana, just minutes from Brickell, easy access to Downtown Miami & I 95 offers a unique opportunity to live or invest in one of the city’s fastest-growing & culturally vibrant neighborhoods, within walking distance to supermarkets, restaurants, cafes, & local shops. Currently owner & family occupied, it’s prime to be repositioned by a savvy investor or owner-user who may homestead one unit & rent the other. Market rents support $2,000-$2,100 for 1 bedrooms making this a potential 7% return. Zoned T4-R, makes this a solid covered-land play for future developers who are watching the market.. “Ideal for buyers looking for a property with appreciation potential and future expansion options”. Don’t let this chance to buy a great duplex!
1858 SW 5th St, Miami, FL, 33135
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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