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PRIME BRICKELL STAND-ALONE THREE-STORY BUILDING WITH EXCEPTIONAL VISIBILITY AND REDEVELOPMENT UPSIDE. Rare opportunity to acquire a recently renovated 3-STORY STAND-ALONE COMMERCIAL/MEDICAL OFFICE BUILDING located directly on SW 8TH STREET, THE MAIN VEHICULAR GATEWAY FROM I-95 INTO BRICKELL. Positioned at the entrance of MIAMI’S MOST PRESTIGIOUS FINANCIAL AND RESIDENTIAL DISTRICT, the property benefits from approximately 13, 500 VEHICLES PER DAY, providing outstanding SIGNAGE, EXPOSURE, AND ACCESSIBILITY.
The building sits on a 7, 000 SF LOT with 14 ON-SITE PARKING SPACES and is zoned T6-24-O URBAN CORE, allowing for a variety of commercial uses and significant LONG-TERM REDEVELOPMENT POTENTIAL. Steps from BRICKELL CITY CENTRE, BRICKELL TRANSIT STATION, METRORAIL, METROMOVER, RESTAURANTS, RESIDENTIAL TOWERS, HOTELS, AND MAJOR EMPLOYMENT CENTERS.
A UNIQUE OPPORTUNITY for an OWNER-USER, INVESTOR, MEDICAL OFFICE OPERATOR, PROFESSIONAL SERVICES FIRM, OR DEVELOPER seeking a strategic Brickell entrance location with IMMEDIATE USABILITY AND FUTURE UPSIDE. Building has completed its 40-YEAR RECERTIFICATION IN 2012 and 50-YEAR RECERTIFICATION IN 2022. Please do not distrub the Tenant. Call Listing Agent for details.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$12,000,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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| Loan Amount | $9,600,000 | $9,600,000 | $9,600,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.375% | 6.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.399% | 6.475% | 6.309% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $58,331 | $59,892 | $81,660 |
| Total Monthly Payment | $58,456 | $60,017 | $81,785 |
* 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.