Prime Investment Opportunity! This spacious 2,145 sq. ft. Living area, built in 1980 with durable PVC piping, is situated on a highly transited avenue in the heart of Hialeah. Currently leased to a reputable jewelry store until September 2026, it ensures steady rental income with the tenant open to extending the lease. The property features a low HOA fee of $445.34 per month with no assessments. Boasting a prime location with excellent visibility and convenient access to major highways, this property is perfectly positioned for long-term success and versatile uses.
3960 W 16th Ave, #204, Hialeah, FL, 33012
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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