Premier Properties is please to present a redevelopment opportyunity located at 1353 & 1365 SW 37 AVE Miami, FL. 33145. The two properties are duplex zoned in the Miami Disctrcit T5-O. The property 1365 SW 37 AVE was built in 1953 with a total of 1,596 SF gross with a lot size of 6,180 SF and the duplex is 1353 SW 37 AVE, built in 1953 with a total of 1,100 SF gross with a lot size of 6,180 SF. The two duplex consist of 4 two bedroom one bathroom with a total of 2,696 combined square foot and a total lot size of 12,360 SF. The two properties are zoned T5-O allowing redevelopment ability to construct 18 residential apartment units.
1365 SW 37th Ave, Miami, FL, 33145
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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