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Position your business or investment in one of Miami’s most dynamic and high-exposure commercial corridors. This exceptional 3, 700-square-foot property sits prominently along bustling NW 54th Street, benefiting from heavy daily traffic counts, outstanding street presence, and excellent visibility that attracts both vehicle and pedestrian exposure. The building has versatile income-producing spaces, including a rear efficiency unit with its own private entrance, living area, kitchen, bedroom, and bathroom. The property currently accommodates a tattoo shop, restaurant, and barber shop, while the efficiency presents an immediate leasing opportunity for additional revenue. Included in the sale are the restaurant equipment and existing business infrastructure, creating a turnkey opportunity for investors or owner-users seeking immediate cash flow. Whether you choose to continue operating the current tenant mix, reposition the asset to maximize returns, or pursue future redevelopment, this property offers remarkable flexibility and upside potential. Strategically zoned for commercial use and located in a thriving Miami market experiencing continued growth and redevelopment, this is a rare opportunity to secure a presence in a prime business location with exceptional exposure, strong income potential, and long-term appreciation prospects. Capitalize on Miami’s ongoing expansion and establish your footprint in one of the city’s most visible and sought-after commercial corridors.
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Our Executive Mortgage Banker:
Our Insurance Division:
$950,000
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 | $760,000 | $760,000 | $760,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.251% | 6.086% | 6.183% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,435 | $4,557 | $6,413 |
| Total Monthly Payment | $4,527 | $4,649 | $6,505 |
* 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.