Investor or developer dream! This fully rented duplex in Miami Gardens sits on an oversized 22,500 sq ft lot, offering incredible development potential. Built in 1986, the property features a 3-bed, 1-bath, and a 4-bed, 2-bath, both occupied by long-term tenants. Keep it as a cash-flowing asset, slightly renovate for higher returns, or take advantage of the large corner lot subdivide and build additional units or redevelop entirely. zoned 2-9 units on two 75X150 lots with two different addresses but one folio number. Prime location near major highways, schools, shopping, and Opa Locka Airport. There are endless possibilities for investors or developers! Don't miss out, there is nothing for sale in this area.
16298 NW 45th Ave, Miami Gardens, FL, 33054
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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