Located at 1058 SW 1st Street; positioned in a high-growth neighborhood surrounded by Miami's economic powerhouses—Downtown, Brickell, and the Health District. This prime location guarantees strong visibility, steady vehicle and foot traffic, and easy access to major transit routes, ensuring a consistent customer base.
The building features three storefront retail units, providing a stable, diversified income stream. Two units are currently leased to established local businesses: an ice cream shop and a mini market. With one unit vacant, there is immediate potential to increase cash flow.
This is an ideal setup for an investor seeking reliable returns with clear upside, or for a business owner looking to occupy the vacant space while the existing tenants help cover costs.
1058 SW 1st St, Miami, FL, 33130
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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