Premier investment opportunity in a transforming urban corridor. This one-of-a-kind offering features two new construction residences in Coconut Grove, sold together as a premium revenue-generating asset with no HOA, no condo fees, and no party walls. Located less than a block from the new ACE Padel courts, this area is rapidly evolving with luxury amenities. Inspired by Bahamian design by DLGV, each independent home is refined and high-end with timeless and modern interiors. Features include 3BR/2.5BA, soaring wood ceilings, artisan cabinetry, and impact glass. Each home includes a private carport and screened porch (approx. 2,016 total SF). Combined rental potential of $14,700–$15,000/mo. Ideally located near marinas, parks, and elite schools.
3603 Thomas Avenue, Miami, FL, 33133
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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