An ultra-rare opportunity on Delray Beach’s Barrier Island—just 1.5 blocks from the ocean and 1 block from Atlantic Ave. This 17,315 SF parcel is one of the last premier development sites in this coveted coastal enclave. Surrounded by luxury estates and steps from world-class dining and beaches, it’s currently improved with a 5-unit multifamily, offering income while plans are drawn. Zoned for 4 ultra-luxury townhomes, this trophy property offers unmatched potential for developers and investors seeking a landmark project in the heart of Delray Beach. (5 separate folios)
99 Seabreeze Ave, Delray Beach, FL, 33483
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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