695 W 17th St, Hialeah, FL, 33010 | $3,295,000

Excellent opportunity to own this centrally located ±13, 720 SF Free-Standing Warehouse situated on ±20, 000 SF lot in the heart of Hialeah. Building is undergoing major updates and will be delivered with a new roof, completed 40-year re-certification and new paint. Built in 1963 this property features 16’ clear height, great spacing and interior layout providing flexibility of use, heavy power, street level loading and ample parking. Leased to a long-term tenant, available for owner-occupied end-user as lease expires in January of 2025, or an investor looking for great returns with opportunity to lease above current base rent. Easy access to major thoroughfares, property is situated close to Miami International Airport, Port Miami, 826 Palmetto Expressway, I-75, I-95 and the FL Turnpike.

Features

  • Property Type: Industrial
  • Zoning: 7100
  • Year Built: 1963
  • Est. Taxes: $29,184
  • MLS#: A11614269
  • Days on Market: 72 days
  • Website: https://www.raveis.com
    /prop/A11614269/695w17thst_hialeah_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MIAMI Association of REALTORS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing courtesy of Avanti Way Commercial   Phone: 786-512-3745

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888.699.8876

Contact@raveis.com

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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860.690.5052

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Our Insurance Division:

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695 W 17th St, Hialeah, FL, 33010

$3,295,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $2,636,000 $2,636,000 $2,636,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.625% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.406% 6.762% 6.830%
Monthly Tax Payment $2,432 $2,432 $2,432
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $17,097 $16,879 $23,144
Total Monthly Payment $19,654 $19,436 $25,701

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.