Exceptional large-acreage development opportunity in the heart of Florida City. The property consists of approximately 7.66 surveyed acres; however, development rights are understood to allow development potential as if the site were larger than 9 acres. Conceptual possibilities include a 184-unit garden-style apartment community or approximately 90 townhomes, making this an ideal opportunity for builders, developers, and investors seeking scale in a rapidly growing market. Located directly across from a 55-acre Lennar development, the property sits in a high-growth corridor surrounded by new construction, expanding residential demand, and continued investment in the area. Buyer to verify acreage, development rights, zoning, density, land use, utilities, approvals, environmental matters, and all development potential.
18075 SW 360 ST, Florida City, FL, 33034
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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