The subject property comprises 6,024 SF of ground floor retail space on a 14,625 SF lot across two folios. Generating $432k in combined income, with The House of Arts as the primary tenant and additional revenue from food trucks. Located at the high-traffic corner of NW 36th Street and NW 1st Avenue in Wynwood Norte, near Midtown and the Design District. Close to I-195 exit, facilitating access to I-95, with approximately 19,000 daily commuters. Zoned T6-8-O, allowing for high-density development of 150 units per acre, eight stories by right, with a potential four-story bonus.
100 NW 36th St, Miami, FL, 33127
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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