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306 NE 2nd Street

$8,800,000

306 NE 2nd Street, Gulf Stream, FL 33483

For Sale

Retail

Active

Last Updated: 06/16/2025

1948

Year Built

CBD-RC

Zoning

Details:

Year Built: 1948

Zoning: CBD-RC

Roof: ["Tar/Gravel"]

Floor: ["Laminate", "Tile"]

Restrooms: 3

Cooling: []

Offered by

Realtor

Tammy Springer

Van Arnem Properties Inc.

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Highlights:

Building Area: 6011.0

Map:

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Today's Available Mortgage Rates

306 NE 2nd Street, Gulf Stream, Florida 33483

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$28,807 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 $4,488,000 Loan Amount

Details

Bank^*Lender #1068

7 Year Fixed
25 Year Amortization

Interest rate 6.06% 7 Year Fixed

Mo. Payment$30,222 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 $4,664,000 Loan Amount

Details

Bank^*Lender #785

10 Year Fixed
25 Year Amortization

Interest rate 6% 10 Year Fixed

Mo. Payment$30,050 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 $4,664,000 Loan Amount

Details

Bank^*Lender #1068

5 Year Fixed
30 Year Amortization

Interest rate 6.06% 5 Year Fixed

Mo. Payment$30,267 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. 57% LTV $0 Lender fees

Loan Amount $5,016,000 Loan Amount

Details

Bank^*Lender #1068

7 Year Fixed
30 Year Amortization

Interest rate 6.06% 7 Year Fixed

Mo. Payment$30,267 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. 57% LTV $0 Lender fees

Loan Amount $5,016,000 Loan Amount

Details

Bank^*Lender #1068

10 Year Fixed
30 Year Amortization

Interest rate 6.06% 10 Year Fixed

Mo. Payment$30,267 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. 57% LTV $0 Lender fees

Loan Amount $5,016,000 Loan Amount

Details

Bank^*Lender #499

10 Year Fixed
30 Year Amortization

Interest rate 6.89% 10 Year Fixed

Mo. Payment$26,054 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 $2,000 Lender fees

Loan Amount $3,960,000 Loan Amount

Details

CMBS^*Lender #635

10 Year Fixed
30 Year Amortization

Interest rate 6.89% 10 Year Fixed

Mo. Payment$26,633 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. 46% LTV $10,000 Lender fees

Loan Amount $4,048,000 Loan Amount

Details

Bank^*Lender #676

10 Year Fixed
25 Year Amortization

Interest rate 7.81% 10 Year Fixed

Mo. Payment$27,395 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. 41% LTV $750 Lender fees

Loan Amount $3,608,000 Loan Amount

Details

Speak With a Loan Consultant

CommLoan is providing quotes for information purposes only. For additional information on the largest commercial real estate lending marketplace, visit: www.commloan.com.