MOTIVATED SELLER!!! 21,780 SF site that encompasses a 2,840 ASF retail/office structure on busy NW 79th Street. Property has just passed the 40 year Recertification. Under the Live Local Act you can build upto 12 stories and 250 units per acre. Great access – from NW 79th Street and 11th Ct. Plenty of Parking area - The Floor Area ratio is only 0.13. It is a rectangular shaped 66’ x 330’ lot. Its Current Land use is MIXED USE-STORE/RESIDENTIAL and it has NCUAD- North Central Urban Area District zoning classification. It is in an Opportunity Zone for Tax incentives and in a Community Redevelopment Area (CRA) where possible grants are available. Great Visibility and access. BRING ALL OFFERS!!!
Miami, FL, 33150
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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