Prime development opportunity to purchase a 13,500 sq foot lot. The assemblage consists of purchasing the two properties together (2524 SW 6 St and 2534 SW 6 St). Both are zoned to T-6-8-0. Folios: 01-4103-037-0451 and 01-4103-037-0460. The lots are inside a urban development boundary. Urban core zone. Both properties must sold together. The property at 2524 SW 6 St has a 3/2 single family home and 2534 SW 6 St is an empty lot. The single family has a living area of 2,191 sf. This commercial redevelopment opportunity is located in the heart of the city of Miami next to Miami Dade College Padron Complex.
2524 SW 6th Street, Miami, FL, 33135
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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