For sale: Development site on Coral Way and 14th Avenue. City of Miami, 12,291 Sq. Ft., T6-80 Urban Core Zone, Miami 21 zoning code. Up to 42 units and 8 stories. Condominiums, offices, hotel, rentals, etc. Coral Way is the corridor between Brickell Avenue and Coral Gables, a lot of activity in the immediate area. Multimillion dollar new twin homes in the back streets, a 5-star boutique hotel being built less then one block away, other residential high rise condominiums planned near by. This location brings easy in and out versus the congestion and traffic of Brickell Avenue and West Brickell.
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Listing courtesy of Compass Florida, LLC 305-697-2904
1394 Coral Way, Miami, FL, 33145
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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