Prime investment opportunity in the heart of Coral Gables. This multifamily 6-unit building features 4 studios and 2 spacious 2 bedroom, 1 bathroom units. Fully renovated in 2023, the building is fully leased with $12,500 gross monthly income. Located just 5 minutes from Coral Gables Prep Academy campus, and 100 feet from Trolley stop - residents enjoy easy access to Ponce de Leon and Miracle Mile for shopping, dining and strolling. 2023 renovation included kitchens, bathrooms and impact windows and doors. The building has all new electric and plumbing. This rejuvenated building is in huge demand by the rental market and a great investment for safe, long term return.
135 Zamora Ave, Coral Gables, FL, 33134
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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