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Prime Builder Opportunity – Two Adjacent Residential Lots in Homestead!! Exceptional opportunity for builders, developers, or investors! Two adjacent vacant residential lots, each approximately 13, 200 sq ft (120 x 110), offering a combined total of 26, 400 sq ft. Both parcels (Parcel B & Parcel C) are already subdivided with a survey available, providing a seamless development opportunity. Ideally suited for new construction single-family homes in a rapidly growing area of Homestead near SW 163 Ave. Conveniently located near major roads, schools, shopping, and ongoing residential developments. Perfect for builders looking to construct two homes side by side or investors seeking strong upside potential. Property Highlights: • Two adjacent lots – sold together or separately, • Each lot approx. 13, 200 sq ft, • Total approx. 26, 400 sq ft • Survey available, • Residential zoning, • Excellent location in a high-growth area. Approved plans included – ready to build immediately. Save months in the permitting process. Fast-track development opportunity. Plans approved March 2025. Ideal for builders looking for immediate construction. Seller prefers to sell both lots together.
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Our Executive Mortgage Banker:
Our Insurance Division:
$355,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $284,000 | $284,000 | $284,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.625% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.133% | 6.739% | 5.952% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,635 | $1,818 | $2,358 |
| Total Monthly Payment | $1,710 | $1,893 | $2,433 |
* 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.