This is a great opportunity to own a well-located commercial property with owner financing available with 50% down, situated on a busy street directly across from a U.S. Post Office and offering excellent visibility along with steady foot and vehicle traffic. The building consists of two floors with separate, independent entrances, making it ideal for a real estate office, law office, accounting firm, or other professional uses, while also providing flexibility for an owner-user or investor; buyers are encouraged to verify permitted uses with the zoning department. The second floor is currently rented for $1,500 per month to a stable and reliable tenant, creating immediate income, and combined with the prime location and favorable financing terms, this property represents a strong investment and an excellent opportunity to establish or expand a business.
10393 SW 186th St, #1H, Cutler Bay, FL, 33157
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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