740 NW 24th St. & 742 NW 24th St., Miami, FL
Offered at $1,750,000, this fully income-producing townhouse features two modern townhomes, each with 2,351 sq. ft. of living area (total 4,702 sq. ft.). Each residence includes 3 bedrooms, 2.5 bathrooms, a private car garage, high-end finishes, new washer/dryer, and a gated/fenced backyard.
The property sits on a 7,350 sq. ft. lot and is currently rented at $4,350 per unit, delivering a total monthly income of $8,700. A perfect turnkey investment in a rapidly growing area.
Prime location near the new soccer stadium, Wynwood, Brickell, Midtown, Miami Beach, and major Miami hubs.
740 NW 24th Ct, Miami, FL, 33125
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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