177–195 NW 62 Street presents an infill development opportunity within Miami’s Little Haiti / Little River corridor, an area experiencing continued growth and redevelopment driven by its proximity to Wynwood, the Design District, Midtown, and the Upper East Side. The surrounding neighborhood has also seen a influx of new creative, retail, and food & beverage (F&B) concepts, contributing to the area’s increasing vibrancy and appeal. The site benefits from strong connectivity to major thoroughfares including NW 62 Street, I-95, and Biscayne Boulevard, providing convenient access to Downtown Miami, the Design District, Miami Shores, and Miami Beach. Its central location within Miami’s urban core supports long-term demand from developers seeking well-located infill development sites.
Overall, the property offers a strategically located opportunity within one of Miami’s emerging redevelopment corridors, appealing to investors and developers targeting the continued expansion of the city’s urban residential and mixed-use growth.
195 NW 62nd St, Miami, FL, 33150
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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