Developer's Acre vacant LOT 0.94 Acres (40,948 SF), great location in Plantation Acres, flat and clear, ready to be developed!
Seller is open to negotiating a deal that benefits both parties, either through a regular sale, joint venture, or fixed-price sale with a secured payment structure. Below are some ideas, but seller is open to negotiating further alternatives:
- Option 1: Normal Sale ($950,000, paid cash at closing)
- Option 2: Joint Venture (seller contributes land, buyer contributes and handles construction with open books, profits are split according to investment)
- Option 3: Fixed-Price Sale with long term closing ($1.3 million, paid to seller when new construction sells, approx. 1 to 1.5 yrs later).
11940 NW 8TH ST LOT 1, Plantation, FL, 33325
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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