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High-Upside 5-Acre Investment Opportunity with Sunset Views & Private Retreat Potential.
Rare opportunity to acquire a fully improved 5-acre parcel in one of Miami's most desirable agricultural/residential area. This property features an active and approved Class IV permit, offering a major advantage for investors ready to move forward immediately. This property has significant improvements already completed: • Land mostly cleared • Electricity installed • Operational water well •Mitigation paid • Fully fenced with dual access points. Designed for versatility and income potential, the property includes multiple fenced sections for livestock or nursery use, plus two storage structures and a pole barn. Equipped with Starlink Internet and 4K WiFi and VAsecurity systems with night vision, providing full-property monitoring and peace of mind. The sale also includes a 2022, 30-ft RV in excellent condition and some animals. What truly sets this property apart is its breathtaking sunset exposure-widely considered among the best in the Miami area creating a unique lifestyle and value-add component. Whether used as an income-producing asset, land bank, or private retreat/refuge away from the city, this property delivers unmatched flexibility. .
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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$925,000
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 | $740,000 | $740,000 | $740,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.375% | 6.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.399% | 6.475% | 6.309% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,496 | $4,617 | $6,295 |
| Total Monthly Payment | $4,588 | $4,709 | $6,387 |
* 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.