This beautiful duplex is an exceptional investment opportunity for all types of investors. Located less than a mile from Wynwood and just five minutes from downtown, the property features two spacious 3 bed/3 bath units for a total of 6 bedrooms and 6 bathrooms. The property can generate up to $12,000 per month as a short-term rental depending on the season. The existing tenant has successfully subleased the property and achieved these numbers.
The tenant's lease expires in December and is up for renewal, giving the new owner flexibility.
PLEASE DO NOT DISTURB THE TENANT. A virtual tour and video walk-through of the property is available upon request
1175 NW 26th St units A&B, 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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