Don't miss this exceptional opportunity to acquire a 9,660 SF residential lot in one of Miami Shores' most sought-after locations. Situated on a quiet cul-de-sac east of US-1, this is currently the only residential lot available in the area, surrounded by several newly constructed and under-construction luxury homes.
Architectural plans have already received approval from the Architectural Review Board, offering a valuable head start in the development process. Continue with the approved plans or customize the project to suit your own vision. In the meantime, the property is generating rental income, helping offset carrying costs while final permit approvals are obtained.
Whether you're a builder, investor, or end user, this is a rare opportunity to secure a premier property in one of Miami Shores' most desirable neighborhoods.
Miami Shores, 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.
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