This premier development opportunity sits directly across from Magic City Casino in the heart of Miami, featuring a 10,082-square-foot building on a 30,600-square-foot lot with 59 parking spaces. Zoned T6-8-O under the City of Miami’s Miami 21 zoning code, the property allows for high-density mixed-use development with residential, commercial, hospitality, and office uses. Density permits 150 units per acre by right and up to 1,000 units per acre through Florida’s Live Local Act, unlocking exceptional potential for multifamily, hotel, retail, or mixed-use projects. With prime frontage, excellent visibility, and easy access to major thoroughfares, this site offers a rare opportunity for high-impact development in one of Miami’s most dynamic and centrally located commercial corridors.
291 NW 37th 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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