100% occupied 37-unit mixed-use property @ $168K per door! consisting of a 30-unit apartment building plus 7 ground-floor retail units. With a 40/50-year recertification in place, this is a rare turnkey opportunity offering immediate cash flow and long-term upside.
Positioned at the signalized corner of W Flagler Street and 12th Avenue, one of Miami’s premier commercial intersections, the property benefits from unmatched visibility and accessibility. The favorable unit mix of 27 studios, 3 one-bedrooms, and 7 retail spaces ensures diversified, stable income.
Located just minutes from Brickell, South Florida’s top financial district, and blocks from Calle Ocho, the cultural hub of Miami’s Latin community.
1274 W Flagler 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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