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2451 NW 54th St

$1,400,000

2451 NW 54th St, Miami, FL 33142

Active
Last Updated: 04/15/2025

1,813 sqft

Building Size

1954

Year Built

Details:
Building Size:    1,813 sqft
Year Built:    1954
Highlights:
  • Construction Materials: Concrete Block Construction
Description:

Corner Lot location for Community Development. Investor/developer opportunity to contribute and develop a 23-unit apartment building with retail stores on the ground floor. The sale includes a free-standing restaurant with 2 adjoining lots approximately 11,250 sqft and 10 minutes away from Wynwood. Mixed-Use Corridor, Opportunity Zone Community which allows for a maximum of 2-10 floors building with a density of 90 max. Front and Rear setbacks are 25' for buildings up to 35' in height. For any additional questions, please contact the Planning Division at the Miami Dade Building Department to confirm zoning.

Map:
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Today's Available Mortgage Rates

2451 NW 54th St, Miami, Florida 33142

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 06/13/2025
Bank*Lender #1049
5 Year Fixed
25 Year Amortization
Interest rate 5.96% 5 Year Fixed
Mo. Payment$4,583 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 $714,000 Loan Amount
Bank*Lender #1049
7 Year Fixed
25 Year Amortization
Interest rate 6.09% 7 Year Fixed
Mo. Payment$4,640 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 $714,000 Loan Amount
Bank*Lender #1049
10 Year Fixed
25 Year Amortization
Interest rate 6.19% 10 Year Fixed
Mo. Payment$4,592 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. 50% LTV $0 Lender fees
Loan Amount $700,000 Loan Amount
Largest Commercial Real Estate Lending
Location
Gallery