Exceptional investment opportunity on an oversized lot. This versatile income-producing property offers outstanding flexibility and strong long-term appreciation potential. Legally a duplex, the property is currently configured with four separate residential units, making it ideal for owner-occupants seeking rental income or investors looking for value-add and future development opportunities. The spacious lot features mature avocado and mango trees, adding a unique tropical setting rarely found in such a central location. Situated on a quiet street surrounded by new construction, the property is just minutes from Brickell, Coral Gables, Miami International Airport, Coral Way, Calle Ocho, and Shenandoah. A rare opportunity to own an income-producing property with exceptional redevelopment potential in one of Miami's most central and rapidly appreciating neighborhoods.
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Listing courtesy of SANMO REALTY, INC 305-967-6337
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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