Fausto Commercial presents Charwin Apartments: a charming Miami Spanish-style six-plex on a major commercial corridor. It offers two one-bed/one-bath units and four two-bed/one-bath units with spacious living areas. With a 5-year-old roof, this competitively priced property is ideal for renovation. Its historic architecture may qualify for tax abatements, credits, and restoration grants. Zoned T5-L, it's eligible for short-term rentals and the Live-Local program. The location ensures excellent connectivity to major roadways, highways, and nearby retail. With attractive unit sizes, competitive pricing, and a strategic location, this is a great opportunity for investors seeking immediate returns and long-term growth.
1520 NW 1st St, Miami, FL, 33125
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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