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Presented by
Lori MacGarva |
Two lots with an area of 15, 400 SF. One of the lots includes a fourplex with 3, 110 SF of living area. Located in a Edgewater area, one block from Biscayne Blvd. and Wynwood, offering a unique opportunity to redevelop this property. Just a few steps from luxury rental towers 25 Plaza and 26 Plaza from MELO Group, and the mixed-use tower 2600 Biscayne, and from the next luxury development, Residence 27 from Trilogy. Conveniently zoned T6-8-O, by right, up to 53 units can be built, and up to 77, 000 SF, plus an additional 25% more with Public Benefit.
Less than one block from the bay and next to Biscayne Boulevard, and just a few minutes from Midtown, Wynwood, Design District, A&E District, Downtown, and Brickell, these properties are at the center of the best that Miami has to offer.
As of early 2026, the data shows a robust 5. 8% year-over-year appreciation in price per square foot (PSF), a trend it's projected to accelerate as the district nears full build-out.
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:
$6,250,000
Licensed Associate Real Estate Broker
William Raveis Real Estate
Phone: 516.242.9633
Lori.MacGarva@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
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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 | $5,000,000 | $5,000,000 | $5,000,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.300% | 6.247% | 6.183% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $29,577 | $30,381 | $42,193 |
| Total Monthly Payment | $29,702 | $30,506 | $42,318 |
* 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.