This is an excellent opportunity to invest in Little Havana in the new up-and-coming Flagler corridor. The property is located in a great area, just miles away from Coral Gables, Brickell, and Downtown, with fantastic exposure as you drive along Flagler Street. The property is conveniently situated next to a McDonald's, which adds to its appeal. With a zoning of T6-12-O on a 7500 SQ FT lot, the property offers immense potential for development. However, it is important to note that the property requires the 40-50 year recertification and needs to be updated to meet current standards. Don't miss out on this promising investment opportunity in a highly sought-after location.
1044 W Flagler St, Miami, FL, 33130
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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