Investment Opportunity in Little River - Minutes from Downtown Miami. Unlock the potential of this property in the highly sought-after Little River area, just minutes from Miami's vibrant core. This non-conforming triplex is currently leased on a month-to-month basis. It’s strategically located near I-95, Biscayne Blvd., and the MiMo district, offering excellent connectivity. Ideal for investors looking to capitalize on the area's growth, this property is located a few steps from N. Miami Ave. and has T5-R zoning. The property has 7,312 sq. ft. of land, and it offers tremendous upside for the buyer ready to do improvements or redevelopment. It’s currently vacant and ready for a new owner to take over.
7544 NE 1st Ave, Miami, FL, 33138
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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