Spanning an expansive 30,000 square foot lot with 100 feet of direct bay frontage and an impressive 300 foot depth, this rare property offers a true estate setting on Palm Island. Cleared and ready to build, the lot presents an exceptional opportunity to create a custom waterfront residence with a grand, private compound feel. Located within one of Miami Beach’s few police guarded communities, the property provides outstanding security, privacy, and tranquility. Residents enjoy access to island amenities, including basketball and tennis courts, lush landscaped corridors, and scenic waterfront views, all just minutes from South Beach, the beaches, and Downtown Miami.
93 Palm Ave, Miami Beach, 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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