This multifamily investment property, situated in the heart of Liberty City—a neighborhood in Miami experiencing a surge of new developments—is an excellent opportunity. Property sits on a 14,000 square foot land parcel. Conveniently located less than 15 minutes from Miami International Airport, Downtown Miami, and under ten minutes from Wynwood and the Design District Three units are month to month with one expiring in Jume 2025. The property is located in a Federal designated Opportunity Zone area. Approved plans are attached to show three units that are 3/2's and a 3/1 were completed legally. Owner is selling the property with the current tenants in place. Rents are below market but this makes a great opportunity to improve rents.
1910 NW 72nd St, Miami, FL, 33147
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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