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109 NW 6th Ave, #8, Miami, FL, 33128 | $219,900
Exceptional Investment Opportunity in Little Havana
Spacious 1-Bedroom Configured as a 2-Bedroom | Low Carrying Costs
Seize the opportunity to own a versatile and meticulously maintained condo in the vibrant heart of Little Havana. This oversized "legal" 1-bedroom, 1-bathroom unit is expertly arranged to function as a 2-bedroom, offering maximum utility and value in one of Miami’s most high-demand rental markets.
Key Features for Buyers & Investors:
Smart Layout: Generous square footage repurposed to provide two functional sleeping areas or a dedicated home office.
Prime Location: Centrally located just minutes from Brickell, Downtown Miami, and the iconic Calle Ocho.
High ROI Potential: Benefit from very low HOA fees and property taxes, making this an ideal "cash cow" for investors or an affordable entry point for a primary resident.
Turnkey Condition: Very well-kept unit featuring Central A/C and a bright, clean aesthetic throughout.
This property represents the perfect blend of location and affordability. Whether you are looking to expand your portfolio with a high-yield asset or seeking a centrally located home with low overhead, this unit is a standout choice.
Easy to Show.
Don’t miss out on this high-value acquisition. Schedule your private tour today!
Features
- Heating: Central
- Cooling: Central Air
- Levels: 2
- Amenities: None
- Bedrooms: 2
- Baths: 1 full
- Complex: RIVER POINT CONDO
- Year Built: 1925
- Common Charge: $500 Monthly
- Approx Sq. Feet: 725
- Est. Taxes: $3,282
- View: Other
- Pets Allowed: Yes
- Pet Policy: Conditional,Yes
- Appliances: Electric Range,Microwave,Refrigerator
- MLS#: A11998870
- Days on Market: 28 days
- Website: https://www.raveis.com
/prop/A11998870/109nw6thave_miami_fl?source=qrflyer
Listing courtesy of Clover 4 Group LLC Phone: 305-890-8127
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Pedro DelgadilloInsurance Sales Director, William Raveis Insurance
305.922.5393
Pedro.Delgadillo@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
109 NW 6th Ave, #8, Miami, FL, 33128
$219,900
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $175,920 | $175,920 | $175,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.730% |
| Monthly Tax Payment | $274 | $274 | $274 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,054 | $1,098 | $1,436 |
| Total Monthly Payment | $1,403 | $1,447 | $1,785 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388