Stunning lot to build your dream home with 206 waterfront on Biscayne Bay with direct downtown sunset views. Prime location within the prestigious Venetian Islands, this remarkable vacant lot spans near 27,000 sq ft, making it one of the largest waterfront parcels available in Miami capable of yielding approx. 18,500 sq ft residence. Build higher with first floor at 15 ft NGVD and design an understory that will provide garage parking for over 12 luxury cars. The property sale includes approved and permitted plans for a beautiful home designed by Richard Landry. It will save buyers two years of time that it takes to design, review plans and get permits approved. With permitted plans ready for contractor to break ground you will save worth millions of dollars in development costs and time
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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