Our Private Garage features 53 Parking Spaces within the 4-star rated boutique ABAE Residential Condo Hotel. Valet service attendants provide white-glove service to guests parking for the hotel, retail or surrounding restaurants.
State of Florida is pro-business and Miami's South Beach is the highest traffic tourist destination. West Avenue in particular is a year-round residential neighborhood in which affluent professionals patronize local retail including our Hotel's Cafe and Skin Care center.
Investor may also consider buying Unit CU-1 Folio 02-3234-244-0460 which combines 2 Retail units totaling 5,174 sf. Sold separately or together with the Parking Garage Folio 02-3234-244-0470 which is 4,097 sf.
Miami Beach, FL, 33139
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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