Located in the heart of Downtown Delray Beach, this vacant lot offers endless potential for single-family or multi-family development. Surrounded by newly constructed multi-million-dollar residences, this property presents exceptional value just two blocks from vibrant Atlantic Avenue, known for its award-winning dining, shopping, and nightlife.Positioned one block from the highly anticipated Sundy Village, soon to feature luxury retail and fine dining, this location promises to be at the center of Delray's most exciting new destination. The beach is just 1.1 miles away--a pleasant walk or quick bike ride to the sand and surf.Whether you're an end user dreaming of a custom home or an investor looking to build an income-producing or spec property, this lot is a rare find...
111 SW 2nd Street, Delray Beach, FL, 33444
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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