The site is approximately 1 acre and may be developed into approximately 173 residential units. Additionally, the zoning allows for multiple other commercial uses.
Paired with the site’s incredible visibility on I-95 and NW 7th Avenue, this allows a developer to capitalize on the property’s exposure and immediate access to
major transportation thoroughfares.
The proposed development scenario takes into consideration a parking podium on the 8028 NW 6th Ct folio,connecting to a residential tower on the northwest section of 7927 NW 7 th Avenue. The envisioned development would neighbor the existing Double Tree by Hilton Hotel, a highly successful hotel currently in operations since 2021.
Miami, FL, 33150
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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