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A rare opportunity to acquire a premier Miami River property with highly sought-after D1 Marine zoning at the entrance to Spring Garden. This exceptional waterfront parcel offers 80 feet of river frontage and provides a blank canvas for a wide range of marine industrial uses. D1 Marine zoning permits heavy construction equipment, earth-moving machinery, marine-related businesses, and other specialized industrial operations, making this a scarce and valuable asset along one of Miami's most important commercial waterways. The property includes an existing 575 SF office, offering immediate functionality while plans for future development take shape. Positioned with direct river access and excellent connectivity to Downtown Miami, major highways, and the Port of Miami, this property combines strategic location, flexible marine zoning, and waterfront access in an increasingly supply-constrained market. An exceptional opportunity for owner-users, investors, or marine operators seeking a unique foothold on the Miami River.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,750,000
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 | $2,200,000 | $2,200,000 | $2,200,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.275% | 6.223% | 6.183% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $12,839 | $13,367 | $18,565 |
| Total Monthly Payment | $12,964 | $13,492 | $18,690 |
* 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.