Offering exceptional visibility to over 67,000 AADT of circulating traffic, this rarely available raw land parcel is ideally suited for a wide range of development options both near and long-term including retail, office, hotel,
multi-family and mixed-use projects. Positioned just East of Biscayne Boulevard at the boundary of the Shorecrest, Little River, and MiMo District neighborhoods, this is the ideal acquisition for buyers to land-bank, build or entitle as the area experiences rapidly increasing development momentum. Surrounded by a mix of both national and mom &
pop retailers, the site provides optionality, utility, and even interim income from its temporary F&B program. The combination of strong exposure, functional scale and flexible use potential creates a compelling opportunity for developers and end-users alike to capitalize on continued growth within this rapidly evolving corridor, ahead of
real value appreciation.
633 NE 79th St, Miami, FL, 33138
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.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
