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Biscayne Real Estate is pleased to present a rare opportunity to acquire a freestanding flex/industrial building in Doral, one of Miami-Dade County's most sought-after industrial submarkets. Located within the Miami International Commerce Center (MICC) and minutes from Miami International Airport, 1400 NW 79th Avenue offers 9, 381 SF on a 0. 68-acre (29, 805 SF) lot, featuring approximately 6, 000 SF of upgraded office space across two floors and a warehouse with 21 FT clear ceiling height and one oversized street-level loading door. Built in 1982, the property includes fire sprinklers, 3-phase power, a backup generator, and 31 parking spaces (including 2 handicap). Suited for an owner-user, distribution operator, light-assembly user, or investor seeking a value-add or stabilized hold in a constrained-supply submarket.
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Our Executive Mortgage Banker:
Our Insurance Division:
$4,195,000
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 | $3,356,000 | $3,356,000 | $3,356,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.277% | 6.223% | 6.183% |
| Monthly Tax Payment | $2,911 | $2,911 | $2,911 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $19,852 | $20,391 | $28,320 |
| Total Monthly Payment | $22,888 | $23,427 | $31,356 |
* 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.