Turnkey 12-unit multifamily built in 2021, ideally located in Little Havana just minutes from Brickell and Downtown Miami. The property offers a strong unit mix of eight 2BR/1BA units and four 1BR/1BA units, all featuring in-unit washer and dryer. Tenants pay all utilities, keeping operating expenses low. Stable in-place rents, and minimal deferred maintenance. Positioned in a high-demand submarket with excellent access to major employment centers, transportation corridors, and urban amenities, this property presents a solid opportunity for investors seeking stable cash flow and long-term appreciation.
750 SW 2nd St, Miami, FL, 33130
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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