Newly Built & Just Delivered 12 Unit Little Havana MF Bldg. Building will be grossing a true $305k by closing date. The site was entitled under a special zoning program to increase densities, which mandates 3 of the units be rented to Section 8 tenants, but without rent restrictions through that program. Unit mix consists of 4 Two bedroom, 3 One Bedroom & 5 Studios. Little Havana is surrounded by all the city’s major white-collar & service employment centers- Brickell, Downtown, Coral Gables, Civic Center; while retaining an element of great affordability & a very high standard of attractive urban living. Amazing neighborhood undergoing swift transition with upward pressure in rents, growth, & attracting urbanists, those looking for short commute times to work, & modern Miami Urban living.
1335 SW 4th St, Miami, FL, 33135
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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