Rare opportunity to acquire approximately 7.74 acres in the highly desirable West Delray Beach Agricultural Reserve area. Located within one of Palm Beach County's most active growth corridors and surrounded by established residential communities, this property presents an exceptional opportunity for investors, developers, land bankers, and builders seeking a strategic land acquisition. An additional advantage is the potential acquisition of the adjacent parcel (MLS A12030676), creating a larger assemblage with enhanced planning flexibility and long-term investment potential. Ideally positioned near major transportation routes, shopping, dining, and area amenities. Buyers are encouraged to conduct their own due diligence regarding zoning, future land use, density, utilities, and potential development opportunities, all subject to governmental approvals.
n/a El Paraiso Pl, Delray Beach, FL, 33446
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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