Introducing a prime commercial listing offering an exceptional opportunity for investors and business owners. This 2-story office building spans a generous 32,489 sq ft and is currently vacant. Situated on one of the last remaining 3-acre properties in downtown Palmetto Bay, this property holds immense potential for major redevelopment ventures such as mixed-use developments, multifamily residences, and more. The location is strategically advantageous, being nestled within an opportunity zone, providing potential tax benefits for investors. Additionally, it is conveniently positioned within a half-mile radius of the new Hibiscus Street South Dade Rapid Transit Station, ensuring excellent accessibility and connectivity for tenants, customers, and employees.
9500 SW 180th St, Palmetto Bay, FL, 33157
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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