Just one step from the beach, in the hearth of Miami Beach and Art Deco District, this classic 24 mix units, two bedrooms, one bedrooms and efficiencies, is an excellent investment property.
This property has mixed hotel and residential rental license, it is fully occupied and easy to manage.
Commercial District Zoning allows the use of hotel, retail and developments.
Each unit has individual AC. The common space has a laundry, smoke and fire detector.
Th property is offered fee simple and unencumbered by brand and management, affording a new owner the maximum flexibility.
The forty years recertification done in 2017.
7451 N Harding Ave, Miami Beach, FL, 33141
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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