Investor's Dream Rare opportunity to own one of three consecutive lots, all zoned for duplex construction and ready to build. Purchase this lot individually or buy all three lots as a package (3147 Miller Ave and 3155 Miller Ave )for an exceptional development opportunity. The owner is selling only because they are shifting their investment portfolio from residential to commercial properties. Build up to three duplexes (one on each lot) or three single-family homes. The owner is currently building a duplex in Sebring, giving buyers the opportunity to view the project, including the floor plans and actual construction costs, as an example of what can be built on these lots. Located in a rapidly growing area, don't miss this unique opportunity! Buyer should perform their own due diligence prior to purchase
3151 MILLER Avenue, Lake Placid, FL, 33852
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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