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***EXTRAORDINARY DEVELOPMENT SITE OPPORTUNITY IN THE ARTS & ENTERTAINMENT DISTRICT*** OPPORTUNITY ZONE INVESTMENT. 3 properties, 3 folios 01-3136-009-0070 30 Ne 14 St. Miami Fl 33132 lot size 7, 178 Sf. folio 01-3136-009-0080, 1350 Ne Miami Ct. Miami Fl 33132 lot size 5, 000 Sf and folio 01-3136-009-0100, 1344 Ne Miami Ct. Miami fl 33132 lot size 5, 000 Sf . Total area available for sale 17, 180 Sf. lot density 500 units/AC Allowed buildable units counts: 272 units provided by the live local act. and 432 Hotel units. Max. Height 24 stories. This property is a Developer's Dream. Take advantage of the highest density zoning in Miami. Suitable for condo tower, apartment rental building, or hotel. close to Miami World Center, minutes away from Wynwood, Downtown, The Design District and Edgewater.
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Our Executive Mortgage Banker:
Our Insurance Division:
$6,462,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $5,169,600 | $5,169,600 | $5,169,600 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.289% | 6.361% | 6.203% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $30,580 | $31,830 | $43,624 |
| Total Monthly Payment | $30,705 | $31,955 | $43,749 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.