Prime industrial-zoned land available in Miami's thriving Allapattah neighborhood! This 0.27-acre (11,764 sq. ft.) IU-1 Light Industrial property is tenant-occupied with an established auto repair business, making it an excellent investment opportunity with immediate income potential. Key features: Tenant Occupied, Long-term tenant with an established auto repair business in place. Just minutes from Miami International Airport, Downtown Miami, Wynwood, and the Port of Miami. Located in an established industrial district with strong business growth and development potential. Ideal for investors seeking a stable, income-producing property or future development opportunities. Seize this rare opportunity to own tenant-occupied industrial land.
3020 NW 23rd TERRACE, 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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