The offering presents one of the last opportunities to develop a full linear block on Wynwood’s primary commercial corridor. This highly strategic covered land play provides significant upside on the existing buildings by way of below market rates with both near-term leases and as of right development potential. Totaling 34,397 SF, the site has frontage on three streets, including the prominent 225’ on NW 2nd Ave.
The two buildings, totaling 32,150 SF, underwent full renovations in 2014 and have been institutionally managed and maintained to this day. 2200 NW 2nd Avenue is a two story, elevator served office building with ground floor retail and full tenant occupancy. 2230 NW 2nd Ave is a single story building with food and beverage infrastructure and entitlements.
2200 NW 2nd Ave, Miami, FL, 33127
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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