6 duplexes with a total of 12 units; 10 units are 3 bedrooms and 1 bathroom, and 2 Units are 2 bedrooms and 1 bathroom. Each unit is approximately 670 square feet, and 2 duplexes have new roof in 2023. All properties are located in the same block next to each other, along SW 184th Street; only a few blocks West of US-1 area; and a few blocks East of Florida’s Turnpike Highway. Covered land play with potential development of 36 Townhouses by right. Quiet neighborhood with many parks and great connectivity, including close proximity to shopping plazas and grocery stores. Adjacent to Villages of Palmetto Bay and Cutler Bay. Undervalued Opportunity with a lot of upside. Partially vacant, all tenants are month to month.
10621 SW 184th St, Cutler Bay, FL, 33157
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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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