DEVELOPMENT OPPORTUNITY on prime Biscayne Blvd in the highly desirable MiMo District, just minutes from the Design District, Wynwood, and Miami Beach. This 14,000 SF lot comes with plans to build 10 luxury townhomes, each approximately 3,000 SF with rooftop terraces and private elevators.
A nearly turnkey development opportunity with zoning approvals already completed and plans progressing through final city approvals. Exceptional Biscayne Blvd visibility and strong demand in this rapidly growing corridor make this a highly attractive project for developers.
Once full city approvals are obtained, the seller plans to increase the price, making this a rare chance to secure the project at today’s pricing. Inquire for details.
5215 Biscayne Blvd, Miami, FL, 33137
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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