Unique Business Opportunity for Investors! Beautiful apartment building for sale in the heart of Coral Gables, 7161 sqft consisting of 9 large studio's and 3 large one bedroom one-bathroom units remodeled, furnished, and decorated in impeccable style. This 3-story property has been updated throughout. 40-year building certification recently completed. The building is conveniently located between Flagler and 8th Street on Ponce De Leon Blvd and directly across from the trolley stop and public transportation. It has a peaceful courtyard with picnic area. Convenient coin operated washer and dryer on site that generates additional income to landlord. Buy today and start making money. Gross $271,200.00.
444 Ponce De Leon Blvd, Coral Gables, FL, 33134
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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