Investor Special! Multifamily Property with Great Potential in the Heart of Miami. Built in 1933 on a 3,450 SQ FT lot, this property offers 2,037 SQ FT of living space, featuring 7 bedrooms and 3½ bathrooms. Zoned T5-L, it allows for multiple uses and offers flexibility for residential or rental income. All units with Impact Windows, Separate Electric Meters.
projects. Need renovation and is currently pending recertification in accordance with the City of Miami’s Building Department requirements. Once brought up to code, it can become an excellent source of passive income. Prime location just minutes from Little Havana, Downtown Miami, Brickell, and major thoroughfares. Perfect for developers, investors, or visionaries looking to capitalize in a fast-growing area.
227 NW 17th Ave, 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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