.PORTOFOLIO INCLUDING 7 PROPERTIES SIDE BY SIDE: PERFECTLY LOCATED ON WELL KNOWN DOUGLAS RD- 42,000 Sq. Ft. ZONING T5-0 +3 = AUTHORIZED FOR 8 STORIES. DEVELOPEMENT PORTOFOLIO SITE OF 7 PROPERTIES ASSEMBLED CORNER LOTS WITH LARGE FRONTAGE ON DOUGLAS RD. ACROSS DOUGLAS RD IN FRONT OF RENOVATED "DOUGLAS PARK". INCLUDED IN THE SALE ARE THE FLOOR PLANS APPROVED FOR A 8 STORIES MIXED USED BUILDING 3 STORIES OF PARKING AND 5 STORIES (135 CONDO APARTMENTS). THE PORTOFOLIO INCLUDES THE FOLLOWING PROPERTIES: 3700 SW 28th St + 2810 SW 37th AVE + 28 14 SW 37th AVE + 2816 SW 37th AVE + 2828 SW 37th Ave + 2824 SW 37th AVE + 2828 SW 37h AVE. GREAT LOCATION BETWEEN CORAL GABLES, COCONUT GROVE AND MIAMI INTERNATIONAL AIRPORT.
2816 SW 37th Ave, 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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