Brand new property for sale that consists of 9 units. Completely renovated and upgraded multifamily building in the Coconut Grove area. Located in TOD Transient Orient District. TOD is ideal in most cases for redevelopment that allows up to 75 Units and 8 floors high via Live Local. A lot of new developments in that Brickell/Coconut Grove area. All units have been completely renovated with new kitchen cabinets with new modern appliances, new plumbing, new electrical, new bathrooms, new AC, New Roof, new irrigation system, New doors and exterior stucco around. freshly painted with added busy and tropical landscaping around. Information believed to be accurate but not guaranteed.
Miami, FL, 33133
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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