Located in one of Miami’s fastest-growing neighborhoods, just blocks from Wynwood and the Design District and minutes from Brickell and the airport, this fully remodeled property offers exceptional potential. With approximately 3,000 sq. ft. of total space, including a 1,300 sq. ft. garage/playroom, there is an opportunity to convert the space into a 2-bedroom, 2-bathroom ADU—creating a true duplex and significantly increasing rental income. Alternatively, it can serve as an in-law suite or private guest quarters. The property also features a private driveway with ample parking, adding to its convenience and appeal. A prime investment in a high-growth area. (Seller may provide set of Plans for Garage Conversion to ADU).
1368 NW 28th St, Miami, FL, 33142
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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