LOCATION LOCATION !!! Income Producing Property located just 2 blocks from the billionaire MAGIC CITY. This is a multi folio sale. 4 folios totalizing 36,000 sqf land (T5-R) with a total of 15 units. Excellent size and location for a future development, In one of the fastest grow areas in Miami, with several projects around the property. 100% rented month to month. Around 10 blocks from Design District, 15 blocks from Midtown, 20 from Wynwood. . A great Add Value property with rentals under market. Current Total Gross Income is around $16,000.00/MO. FOR MORE INFO CONTACT LISTING AGENT. The other folios are 01-3113-056-0490 01-3113-056-0450 01-3113-056-0451
6255 NE Miami Pl and 3 more, Miami, FL, 33138
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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