Discover a remarkable property situated close to Coral Gables, presenting significant potential for multifamily development. The site permits the construction of 11 multifamily units. Convenient access to the 836 highway and SW 8th Street, this location is just 15 minutes from Miami International Airport, Coral Gables. This site offers an excellent opportunity for investment growth, with current zoning allowing for a 3-story structure comprising 11 units. This prime lot is ideally located near a main street in the new silver crest neighborhood, adjacent to Shenandoah within the City of Miami. Positioned just minutes from Downtown Miami, Coral Gables, various shops, restaurants, and public transportation. Note that building permits or approvals have been submitted to the City by the owner and plans have been approved by the city. Invest now in this iconic neighborhood to secure your future!
2615 SW 13th St, Miami, FL, 33145
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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