LOCATION LOCATION LOCATION! Property located across the street from the Miami River 8000 sqft of land in the new vibrant extension referred to as West Brickell. Soon new construction surrounding the abutting properties. Zoned T6-8-0 makes this property a development opportunity for a building of 8 + stories high. Currently there is a duplex the property which provides income but this is not the best use for this valuable land. Land can not be made, take advantage and invest on a property that will only increase the value over the years, better than any other type investment add this to a diversified portafolio. No sign on property, do not disturb tenants.
325 NW 7th Ave, Miami, FL, 33128
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.
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