Investor’s dream in a prime area next to West Miami! Just blocks from Coral Gables, Schenley Park, Nicklaus Children’s Hospital, public transportation, and shopping and dining all nearby. This 3,208 living SF triplex has been divided into 5 units, offering 3 electric meters and 4 designated parking spots. All units are leased to long term, month-to-month tenants currently paying below-market rents totaling $5,900/month — built-in cash flow with serious upside for the next owner. Perfect for investors or developers looking to add value in one of Miami’s most connected submarkets. Unincorporated Dade benefits.
2027 SW 58th Ave, Miami, FL, 33155
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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