Own a rare triple-parcel opportunity along the vibrant Miami River. This unique offering encompasses a combined 0.656 acres (28,587 sqft lot) with a diverse mix of income streams. The property boasts 4,767sqft of existing buildings, including an office space currently occupied by the owner and two multi-family properties offering steady, MTM income.
The true potential lies in the future. With Miami 21 Code, this strategic location opens doors for exciting redevelopment possibilities. Envision a thriving residential complex with up to allowable 24 units once rezoned and reaching 8 stories high. Don't miss this chance to capitalize on a premier riverfront location and transform it into a masterpiece. This is a prime opportunity to create a legacy and redefine riverside living in Miami.
1884 NW 15th St, Miami, FL, 33125
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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