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Presented by
Michelle & Team |
This is your Moment — Build your legacy Secure Your Custom Single-Family Footprint in South Beach With unprecedented scarcity of inventory for high-end luxury residences, the timing to acquire this prime 7, 500 sq. ft. vacant homesite is absolutely perfect. This exceptional opportunity eliminates the usual multi-year delays, as all the heavy lifting is already completed. City-approved plans and building permits are fully in place, allowing for immediate groundbreaking. Situated in the tranquil, highly coveted Palm View enclave, this property places you at the epicenter of Miami Beach’s most exciting evolution. You are just one block from the world-famous Lincoln Road, which is currently undergoing an extensive, ultra-luxury revamp. The entire neighborhood is coming alive, rapidly transforming with a surge of new multimillion-dollar homes and high-end condos. Accelerate Your Timeline?. Move forward immediately with city-approved plans for a 3, 750 sq. ft. modern masterpiece, featuring world-class curation by a premier Australian Architect + interiors by Studio de la Vega. A comprehensive architectural build-out package is available upon request. Renderings are already prepared based on two sophisticated color palettes, ready for the buyer to execute.
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed.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 Executive Mortgage Banker:
Our Insurance Division:
$2,000,000
Luxury Properties Specialists
William Raveis Real Estate
Phone: 203-454-4663
MichelleandTeam@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 914.260.5535
Mace.Rattet@raveis.com
NMLS Mortgage Loan Originator ID 69957
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 914.260.2006
Francine.Silberman@raveis.com
NMLS Mortgage Loan Originator ID 69244
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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 | $1,600,000 | $1,600,000 | $1,600,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.263% | 6.121% | 6.183% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $9,337 | $9,593 | $13,502 |
| Total Monthly Payment | $9,462 | $9,718 | $13,627 |
* 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.