Stunning private Villa in Miami Beach with heated pool and cold plunge featuring 5 beautifully furnished bedrooms and 5 elegant bathrooms, an outdoor swimming pool, a garden, an exterior sauna, a barbecue facility and an enclosed fence with motorized gate to accommodate 4 interior car parking spaces. Property has a license for short term rental with the potential to generate 6% NOI. It is also zoned as CPS-2 allowing it to be converted into an Hotel, Suite Hotel or any other Commercial use.
Property can also be divided into 2 apartments and rented separately.
The Villa includes a terrace and a seating area with flat-screen TV, as well as s a picnic area where you can spend the day outdoors.
Type:
Single-family residential
Subdivision:
OCEAN BEACH ADDN NO 3
Lot Description:
< 1/4 Acre
Appliances:
Dishwasher, Electric Water Heater, Disposal
Pool:
Automatic Chlorination, Cleaning System, In Ground, Other, Pool
1020 6th St, Miami Beach, FL, 33139
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
