A truly rare opportunity to acquire 4 large residential lots in the highly desirable and historical Palm View neighborhood of Miami Beach. Together, these parcels offer 37,183 sq. ft. of contiguous land, zoned for the development of four large single-family homes. This is a 4-folio sale, property includes 3 vacant lots and 1 lot with an existing structure, already approved for demolition. Just 2 blocks from Shops at Lincoln Road, top restaurants, Pride Park & Convention Center. Walking distance to Trader Joe’s and Publix. Short bike ride to Ocean Drive and beach. This is a unique development opportunity in one of Miami Beach’s most coveted neighborhoods. Lots are only being sold together. Showings by appointment only, with 24-hour notice. Priced to sell. This opportunity will not last.
18th st Michigan Ave, Miami Beach, 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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