Exceptional development opportunity on a rare 17,280 SF lot in the heart of Coconut Grove. Offered with fully approved and permitted plans for a ~9,500+ SF luxury residence, with an estimated completed value of $18M+. The existing structure is already in demolition, allowing for an immediate transition into construction. A true turnkey project ideal for a developer or end-user seeking to fast-track a premier build in a prime location. Estimated build timeline is approximately 20 months. A full, experienced team is in place—including architectural plans by Astro Station, interior design, and contractors—all of which can be seamlessly transferred to the buyer, significantly reducing execution risk and time to completion.
1953 Tigertail Ave, Miami, FL, 33133
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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