Excellent investment opportunity in Allapattah. This well-maintained 2-Story Duplex counts 7 bedrooms, 4 Bathrooms currently divided in 4 separate units, and sits on a large corner lot (10,799 SF). It can be easily put back in 2 units. Building features impact windows throughout, a 9 y.o. roof (2015) and a laundry area. The lot can accommodate a pool and/or a minimum of 8 cars. The fenced lot features 2 gated entrances on 11th Ave and 38th Street. 3 units are 2/1 each w/central AC, and the 4th unit is a 1/1 with split system AC, currently owner occupied. Perfectly located close to downtown Miami, Miami Airport, Wynwood, Museums. Hop on I-95 or SR-112 a couple of blocks away. 2/1 units can be rented for $2,400 each and large 1/1 unit for $1,900 for a conservative total of $9,100. Must see!
3725 NW 11th Ave, Miami, FL, 33127
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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