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LOOK WHAT IS going on in Biscayne Park Village!
GREAT INVESTMENT. . . OFFERING this unique long-game plan and enjoy the FLEXIBLE OPTIONS and opportunities! . . . Live here first, and build later? Currently a single family home w/3 bedrooms + 2 baths 1580 sq. ft. PLUS detached 2 car garage520 sq. ft. & newer swimming pool (2018).
Join the growing trend of Homeowners, Developers and Investors running to meet a GREAT DEMAND for NEWLY BUILT LARGE houses in the QUIET RETREAT of Biscayne Park Village! Already setting an impressive track record in 2025 of SOLD NEW-construction HOMES between $3million to $5, 250, 000 - makes this a smart BUY!
This corner lot is TUCKED AWAY on a QUIET STREET . . . . . The ONLY HUGE lot ---SUBDIVIDABLE into TWO BUILDABLE SINGLE FAMILY LOTS OVER 11, 100 sq. ft. EACH --22, 475 sq. ft. TOTAL (as represented on attached survey AND MiamiDade. gov/property search county website)! **Please note that Biscayne Park Village requires 75' frontage for new construction---please see the attached survey reflecting 155 ft. on NE 117 St. and 145 ft. length on NE 8 Ave. ALSO included in the sale is a newer SWIMMING POOL that may remain with both new-build options.
Please see attached photos of examples of how the lots may be subdivided into two residential lots.
Please note: no plans have been presented to Bisc. Park Village and all plans must be approved by the municipality prior to building.
Please Do NOT disturb occupants. By appointment only!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$2,100,000
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 | $1,680,000 | $1,680,000 | $1,680,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 5.750% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.046% | 5.846% | 5.700% |
| Monthly Tax Payment | $1,122 | $1,122 | $1,122 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $9,277 | $9,804 | $13,727 |
| Total Monthly Payment | $10,524 | $11,051 | $14,974 |
* 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.