T5-L Residential, Hotel/Lodging, Office & General Commercial in Wynwood, one of Miami's fastest growing urban corridors. This 7,200 SF +/- 0.1653 Acres. Building minimum of 2 to maximum of 4 stories..
T5 zoning increasingly rare in the area includes an existing income producing structure with multiple rented units, offering immediate cash flow while planning redevelopment. Surrounded by new 3 to 4 story projects averaging 13 units, the area continues to experience significant growth fueled in part by major technology firms establishing offices nearby. One of the very few remaining T5-L zoned parcels in the area.
410 NW 31st St, Miami, FL, 33127
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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