Located in Miami's vibrant Wynwood neighborhood, this 7,000 square foot vacant lot on NW 29th Street provides an exceptional opportunity for commercial development. Situated on the south side of a four-lane main thoroughfare, the property is zoned T6-8-O, making it ideal for a variety of uses, including office, retail, dining or mixed-use projects. Surrounded by several new development projects, the property benefits from its prime location within walking distance to an array of shops, galleries and eateries. Additionally, SB102 and Live Local initiatives can be applied to this property, providing opportunities for increased density and greater development potential. This lot represents a unique opportunity to establish a presence in one of Miami's most sought-after neighborhoods.
320 NW 29th St, Miami, FL, 33127
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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