Fantastic opportunity with lots of possibilities! Parking lot and well maintained building both included in sale. Building has warehouse, kitchen, 2 bathrooms, manufacturing areas, numerous reception, office, and meeting rooms Both zoned T4-O provides incentives for Mixed-Use Multi-Family Development. Possible potential for developed at a density of 36 units/acre, for development, a total of 9 units. Building of 9 units erected above the parking could possibly be done. Based to its proximity to SW 12 Ave., a possible Transit Corridor, that additional bonuses for units could be granted. Also, available via Workforce Housing etc. , Density Bonuses that could be granted, parking reductions etc. Great location walking distance to Wynwood, near 1-95
1121 NW 29th St, Miami, FL, 33127
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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