The Corner at US1, is a premier development opportunity located on a high traffic, signalized corner along So. Dixie Hwy (US1) in unincorporated Miami-Dade County. The site spans +-1.1 contiguous acres, assembled though Unity of Title, with dual zoning designations (RM and MC) that support a broad range of residential and mixed-use development options. Site Plan Approval (ASPR) has already been secured from Miami-Dade County for a modern 9-story building featuring: 123 residential units, 1,755 SF of ground floor retail, and attached structured parking garage. Architectural and engineering plans are being finalized, with permit approvals expected within approx. 90 days. Developers will be positioned to proceed to vertical construction upon issuance.
21720 SW 118th Ave, Miami, FL, 33170
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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