Exceptional Opportunity in Elite Miami Beach Area: ideal for a luxury restaurant, nightclub, or members-only concept. Situated near The Setai, The Faena, and The 1 Hotel, this waterfront property spans 4,322 sf on an 8,890 af lot, featuring spacious indoor + huge outdoor areas w/electrical awnings. 5COP liquor license for alcohol sales until 5 AM & CD-3/Commercial zoning, the property offers redevelopment potential. Fully renovated, it includes new plumbing, electrical systems, appliances, and marble bar tops. The venue boasts porcelain floors + Mutina tiles throughout, w/ all baseboards resurfaced & enhanced w/ LED lighting, advanced LED lighting system & a brand new speaker system throughout. Other highlights include an electrical room, a secret room, & a new roof.
323 23rd St, Miami Beach, FL, 33139
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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