ONE OF A KIND multifamily building with 4 units located in the hottest Miami Beach area - the Faena District, only 1/2 block from the beach, and near all the best restaurants and hotels on Collins Ave. This fully renovated, 2 story building consisting of 4 separate, 2-Bed 1-Bath furnished units, each approximately 880-SF LA, with two washers and 2 dryers located in the back building. Property upgrades include hurricane impact windows, new plumbing, new electric, central A/C, Water Heaters laundry room, room for a pool and on-site parking. 40-year certification passed! Primary zone is multifamily (3-9 units) but can convert to a single-family home on this prime, 7,684-SF lot! A TRUE GEM!
241 28th St, Miami Beach, FL, 33140
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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