Unique Opportunity to acquire two properties, situated in one of the most iconic places in Miami Shores at 11032 & 11034 Biscayne Blvd. Miami, FL 33161, the two properties combined size is 11,652 SF (0.27 Acres) with a Commercial Building of 646 SF, the current zoning is (BU-1A D Business Districts, limited).
Average daily traffic counts of 50,000 vehicles
Situated in a comprehensive Development Master Plan (CDMP) Business and Office.
This investment provides an excellent Visibility, Exposure and Accessibility.
Favorable Zoning BU-1A Commercial which Allows for a wide range of Business/Commercial Uses, ideal for an Owner User or a Developer.
Significant future development potential at the end of the tenant's term.
Major National Retailers: Publix, Whole Foods, The Home Depot
11032 Biscayne Blvd, Miami, FL, 33161
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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