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Sunny Isles Inland

$3,100,000

Nw 20 Th Ave, Miami Gardens, FL 33056

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Last Updated: 02/25/2025
 
 
Highlights:
  • Lot Features: City Location, Other Location, 1-2.5 Acres
Description:

Prime 1.79-acre vacant lot in Miami Gardens with commercial land use and MF-4 zoning, allowing for multifamily development up to four stories (45- units or about 7-8 single-family homes). Strategically located with direct access to NW 20th Ave, this lot offers excellent potential for investors and developers. Don’t miss this opportunity in a growing area!

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Today's Available Mortgage Rates

Nw 20 Th Ave, Miami Gardens, Florida 33056

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Interest Rate
Mo. Payments
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default.
Loan Amount
Rates as of 06/14/2025
Bank*Lender #1049
5 Year Fixed
25 Year Amortization
Interest rate 5.96% 5 Year Fixed
Mo. Payment$10,148 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 51% LTV $0 Lender fees
Loan Amount $1,581,000 Loan Amount
Details
Agency*Lender #634
7 Year Fixed
30 Year Amortization
Interest rate 5.96% 7 Year Fixed
Mo. Payment$8,328 30 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 45% LTV $8,500 Lender fees
Loan Amount $1,395,000 Loan Amount
Details
Agency*Lender #634
10 Year Fixed
30 Year Amortization
Interest rate 6.04% 10 Year Fixed
Mo. Payment$8,213 30 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 44% LTV $8,500 Lender fees
Loan Amount $1,364,000 Loan Amount
Details
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CommLoan is providing quotes for information purposes only. For additional information on the largest commercial real estate lending marketplace, visit: www.commloan.com.

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