Corner lot in the heart of Edgewater’s urban core. Zoned T6-36a-L under Miami 21 by-right multifamily, boutique hotel, or short-term rental development with no rezoning required. Up to 66,000 buildable SF (FAR 12). Triple street frontage on a 5,500 SF lot. Existing fourplex sold AS-IS. No tenants, no leases. Immediate development potential upon closing or hold as income property. Located steps from Biscayne Bay, Wynwood, Midtown Miami, and the Design District. Excellent highway access via I-95/I-195. Buyer to verify all zoning and development potential with City of Miami.
452 NE 30th St, Miami, FL, 33137
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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