Introducing NoBe76, a prime investment opportunity in the heart of North Beach. This 3 property portfolio with 30-units is comprised of 300 76th St, 7636 Harding & 7635 Abbott. NoBe76 offers immense potential for value-add in a sought-after neighborhood two blocks from the beach & North Shore Park. The two buildings that front Harding Ave (22 units) have the ability to obtain short term rental licensing as part of the North Shore Historic District. NoBe76 features generous sized units with 10 Studios and 20 One Beds all currently under month-to-month leases paying well below-market rates. Owned by the same family for over 30 years, this portfolio boasts a strategic location making it attractive for investors looking to reposition and capitalize on North Beach’s continuous growth.
300 76th St, Miami Beach, FL, 33141
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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