Ideal for developers! This exquisite 2.1 acre corner property sits directly on SW 316th St and 192nd Ave, a prime location on two paved roads in the rapidly growing city of Homestead. This property sits inside the UDB and is conveniently accessible within minutes from Krome avenue and the FL Turnpike. A stone’s throw away to the harmonious tranquility of the Florida Keys while simultaneously staying connected to the energetic lifestyle of Miami. With new residential projects in the immediate area from developers such as Lennar, Century, and DR Horton, this property serves as an excellent opportunity to add square footage to an existing or upcoming project as well as an opportunity for another developer to acquire sizeable real estate in an area of high demand. See attachment for reference.
Homestead, FL, 33030
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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