Unique opportunity to acquire a multi-bay warehouse in Miami’s Little River neighborhood. The property offers four renovated warehouse bays and features updated rooves, HVAC, roll-up doors, new lighting, and high visibility. The size of the bays caters to the lack of small bay availability within Miami's urban core and provides the landlord with steady cashflow opportunities. All existing leases are short-term, which allows for an end-user to occupy the building in its entirety, or for an investor to increase rents and stabilize. The property is located within the Little River neighborhood and is a short drive from AJ Capitals assemblage, the Citadel, EBB & FLOW, and Iron Side. Additionally, it's a short driving distance from Wynwood, Biscayne Blvd, Midtown, and the Design District.
850 NW 71st St, Miami, FL, 33150
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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