Great opportunity in Wynwood to own a 4 plex with tons of potential. This two story duplex has four 2/1 units. With its 40-year recertification complete, it's ready for a new owner to maximize its potential. Zoned T4, the property allows for up to 16 units across three stories with no parking requirements if contributing to the parking fund. Tenants are on a month-to-month basis, providing flexibility for an investor's future plans. Located blocks from Midtown and Wynwood's vibrant shops and restaurants. Also for sale is neighboring duplex, 241 NW 34th terrace, for a great development opportunity. CASH ONLY!!!
251 NW 34th Ter, 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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