Fantastic investment opportunity awaits with this potential income-generating property. Two distinct buildings offer a multitude of possibilities for the discerning new owner. The first building is currently occupied on a month-to-month lease but holds the potential to be transformed into four income-generating residential units, which includes 2 Apts of 2bed/2bath, and 2 Apts of 1bed/1bath. The second building is ideally suited for Assisted Living Facility (ALF) operators . There's the convenience of a new YMCA facility just built across the street from this property. Find this exceptional property located on SE 5th Street, east of Gulfstream Lane, promising a world of potential and endless opportunities for the savvy investor.
129 SE 5th St, Hallandale Beach, FL, 33009
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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