Fausto Commercial presents this 2019 construction 21 unit apartment building in East Little Havana. Featuring 20 generously sized 2 bedroom units, and 1-one bedroom unit, parking on site on ground floor, washer/dryer units on each floor, elevator on site, and sub-metered individual water meters.This is a turn key investment for those who are averse to doing massive capital projects. At $226/SF per the asking price, you can’t rebuild this impeccable building today or in the future - this is a HOT deal. The location is itself an amazing urban amenity being just one blocks from Loan Depot Park.
145 SW 15th Ave, Miami, FL, 33135
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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