Investment Opportunity in Little River - Minutes from Downtown Miami. Unlock the potential of this property in the highly sought-after Little River area, just minutes from Miami's vibrant core. This triplex is currently leased on a month-to-month basis, offering flexibility for future ownership plans. It’s strategically located near I-95, Biscayne Blvd., and the MiMo district, offering easy access to transportation. Ideal for investors looking to capitalize on the area's growth, this corner lot at N. Miami Ave. has T5-R zoning, strong rental demand, and significant potential for property improvements or redevelopment.
The property has 7,187 sq. ft. of land, and it offers tremendous upside for the buyer ready to make improvements, obtain permits from the City, and maximize returns.
3 NE 75th St, Miami, FL, 33138
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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