Rare waterfront property featuring over 206 feet of direct frontage on Biscayne Bay with direct downtown sunset views. With its prime location within the prestigious Venetian Islands, this remarkable vacant lot spans approximately 0.61 acres+/-, making it one of the largest waterfront parcels available in Miami capable of yielding a 26,764 SF+/- residence with a minimum of 6,970 SF+/- of green space, pool, dock, and more with plans and permits already in place. This one-of-a-kind opportunity allows you to create the waterfront dream estate you've always desired. Can be combined with 1230 S Venetian Way adjoining which is also 26,764 +/- feet, for a total of 53,528 sq feet.
1236 S Venetian Way, Miami, FL, 33139
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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