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Rev Plat Nile Gardens Sec

$1,530,000

13400 Alexandria Dr, Opa Locka, FL 33054

Active
Last Updated: 01/29/2025
 
 
Highlights:
  • Lot Features: Central Business District, City Location, Near Airport, Less Than 1 Acre
Description:

Discover a promising development opportunity at 13400 Alexandria Dr, a 32,200 sqft lot zoned 4400/multifamily in the growing city of Opa Locka. With potential for over 20 residential units, this property invites a developer’s imagination to create a vibrant community in a location that continues to see significant investment and growth. Ideally situated near key economic hubs including the Amazon Warehouse, Executive Airport, and bustling retail centers, this lot promises convenient access for future residents and an attractive ROI for developers. Leverage the advantage of a dynamic location and bring your visionary project to life in one of South Florida's rapidly evolving areas. There is an existing improvement that had utilities previously on the property.

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Today's Available Mortgage Rates

826 N Dixie Hwy, Hollywood, Florida 33020

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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 06/06/2025
Bank*Lender #1049
5 Year Fixed
25 Year Amortization
Interest rate 5.96% 5 Year Fixed
Mo. Payment$10,424 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. 56% LTV $0 Lender fees
Loan Amount $1,624,000 Loan Amount
Details
Bank*Lender #1459
7 Year Fixed
25 Year Amortization
Interest rate 6.07% 7 Year Fixed
Mo. Payment$9,969 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. 53% LTV $0 Lender fees
Loan Amount $1,537,000 Loan Amount
Details
Bank*Lender #1459
10 Year Fixed
25 Year Amortization
Interest rate 6.07% 10 Year Fixed
Mo. Payment$9,969 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. 53% LTV $0 Lender fees
Loan Amount $1,537,000 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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