Excellent investment opportunity in the heart of Miami! Income-producing retail/office center featuring 11 units with a strong tenant mix, including a restaurant, beauty businesses, T-Mobile, and professional offices. Situated on highly trafficked NW 7th Street with exceptional visibility and easy access to Downtown Miami, Brickell, Miami River District, and LoanDepot Park. Property offers 11,105 SF of building area on a 14,906 SF lot, T6-T3 zoning, garage parking, and an attractive 8% cap rate. Stable cash flow with long-term appreciation potential in one of Miami’s fastest-growing corridors. Financials available upon request. Do not disturb tenants. By appointment only.
1879 NW 7th St, Miami, FL, 33125
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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