98,000 SF LOT | HORSE COUNTRY | SOLD FOR LAND VALUE — This is a pure land play in one of South Florida's most prestigious corridors. Nearly 100,000 square feet in the heart of Horse Country — the kind of canvas that simply does not come available. The structures on the property carry no significant value — this is about the dirt, the size, and the location. However, the existing homes provide a practical advantage — FINANCING MAY BE POSSIBLE where raw land typically hits a wall, giving buyers an edge that is rarely available on a redevelopment opportunity of this scale. THE VISION IS STRAIGHTFORWARD — split the lot and build TWO MASSIVE MANSIONS, or consolidate and create ONE MEGA MANSION estate that commands its own category. For developers and savvy investors who understand land value in South Florida's luxury market, the math here is undeniable. Horse Country lots of this magnitude don't come twice.
12445 SW 46th St, Miami, FL, 33175
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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