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Richmond Heights Estates

$3,499,000

11440 Lincoln Blvd, Miami, FL 33176

Active
Last Updated: 05/22/2025

1,178 sqft

Building Size

6

Units

Details:
Building Size:    1,178 sqft
Units:    6
Year Built:    1958
Floors:    1
Parking Spots:    24
Gross Leaseable Area:    1,124
Highlights:
  • Lot Features: 1 To Less Than 2 Acre Lot
  • Documents Available: Copy Of Lease(S), Rent Rolls
  • Architectural Style: Detached
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Central, Window/Wall
  • Flooring: Ceramic Floor
  • Construction Materials: CBS Construction
Description:

Unbeatable Investment Opportunity! Six duplexes, comprising a total of 12 spacious units, situated on a sprawling 1.5-acre property. Each unit boasts 2 bedrooms and 1 bathroom, offering comfortable living spaces. This exceptional property presents a rare chance to own a substantial rental income-generating asset in a prime location.

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Today's Available Mortgage Rates

11440 Lincoln Blvd, Miami, Florida 33176

Choose Your Priority
 
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$11,454 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 $1,784,490 Loan Amount
Details
Agency*Lender #634
7 Year Fixed
30 Year Amortization
Interest rate 5.96% 7 Year Fixed
Mo. Payment$9,400 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 $1,574,550 Loan Amount
Details
Agency*Lender #634
10 Year Fixed
30 Year Amortization
Interest rate 6.04% 10 Year Fixed
Mo. Payment$9,270 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 $1,539,560 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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