Listing DescriptionExceptional Mixed-Use Investment Opportunity | Prime North Miami LocationUnlock the potential of this outstanding mixed-use commercial property located in the heart of North Miami. This income-producing asset offers an excellent opportunity for investors seeking stable cash flow with long-term appreciation potential.Currently generating $10,000 per month ($120,000 annually), the property delivers an attractive 5.45% cap rate based on current income and operating expenses. Featuring a combination of commercial and residential components, this asset benefits from multiple income streams and strong demand in one of Miami-Dade County’s most active growth corridors.Property Highlights* Mixed-use investment property* Prime North Miami location* Current Gross Income: $120,000 annually* Estimated NOI: $90,000 annually* 5.45% Cap Rate* Strong visibility and accessibility* Excellent long-term appreciation potential* Ideal for investors completing a 1031 Exchange or expanding their commercial portfolio
12327 NE 6th Avenue, North Miami, FL, 33161
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.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
