Prime investment opportunity in the heart of Overtown at 190 NW 16th St, Miami, FL 33136! This fully renovated 10-unit apartment building, featuring all 1-bedroom units, is perfect for investors seeking a turnkey property in a thriving area. Originally constructed in 1950, the building was completely gutted and rebuilt just 4 years ago, offering modern systems, finishes, and compliance. Located minutes from Wynwood, Downtown Miami, and major transit hubs, this property sits in a rapidly growing neighborhood with strong rental demand. Each unit is thoughtfully designed with contemporary features for comfort and functionality. Low-maintenance and highly desirable, this property is a rare find in one of Miami’s most dynamic communities. Don’t miss out!
Miami, FL, 33136
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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