Pre-Completion Investment Opportunity in Florida City. New-construction duplex under active permits; sold together under one folio. Two identical 2-story townhomes, each offering 3 bedrooms and 2 bathrooms with approximately 1,553 sq ft per unit (3,106 total per plans). Seller is a licensed General Contractor and will complete construction. Buyer may secure property prior to completion and participate in final finish selections through a structured construction agreement credited toward the total purchase price. Ideal for an investor seeking a new construction asset in the expanding South Miami-Dade market, or an owner-occupant strategy to live in one unit while generating rental income from the second. Property to be delivered upon substantial completion and issuance of Certificate(s) of Occupancy.
1226 NW 6th Ave, Florida City, FL, 33034
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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