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Prime Coral Ridge Opportunity - Exceptional Views & Endless Potential Discover a rare opportunity to create your dream home in the highly sought-after Coral Ridge neighborhood of Fort Lauderdale. Situated on a very private point lot, this 3-bedroom, 2-bath residence offers incredible potential for investors or homeowners looking to build or renovate in one of the city's most desirable areas. Enjoy a breathtaking, unobstructed view straight down 24th Street—truly one of the best vantage points you'll find for a dry lot property. Facing east, this home offers front-row seats to the annual Fort Lauderdale Airshow, with planes soaring directly overhead—an unforgettable experience right from your own backyard. The spacious yard provides ample room to design your ideal outdoor oasis, with plenty of space for a pool, entertaining area, and more. Perfectly positioned just one mile from both Sunrise Boulevard and Oakland Park Boulevard, this home offers convenient access to shopping, dining, beaches, and everything Fort Lauderdale has to offer. Located within the desirable Bayview Elementary school district and just minutes from top private schools, this property combines location, lifestyle, and opportunity. Whether you're an investor or looking to build your forever home, this is your chance to own a truly special piece of Coral Ridge. Don't miss this unique opportunity—properties like this are rare!
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Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
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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 | $859,920 | $859,920 | $859,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.350% | 6.259% | 6.183% |
| Monthly Tax Payment | $499 | $499 | $499 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,156 | $5,225 | $7,256 |
| Total Monthly Payment | $5,780 | $5,849 | $7,880 |
* 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.