Unlock the potential of this 13,255 sq. ft. lot off 441 and Miramar Parkway in an Opportunity Zone. Build a 26-unit apartment complex, benefiting from tax incentives and the growing multi-family housing demand. Preliminary Site Plan meetings with the City have been held, but the buyer will develop their own floor plans for complete customization. Priced at $679,000 ($26.1k per unit) with excellent ROI potential. Currently, the property includes an income-generating home, providing immediate returns as you prepare for this exciting project.
6208 SW 26th St, Miramar, FL, 33023
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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