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Opportunity awaits at 1035 NW 4th Avenue, a standout oversized 100' x 160' parcel in the heart of East Boca Raton & one of the largest available lots in this rapidly transforming corridor. Positioned for maximum upside, this rare offering presents an exceptional opportunity for builders, investors, and luxury end users to capitalize on the area's strong momentum & create a signature new construction residence. The property includes an existing 3-bedroom, 2-bath home and has already been cleared to allow for a seamless transition to redevelopment. A natural gas line on the street further enhances the efficiency & desirability of a future build. Surrounded by established & new luxury estates, this location continues to evolve into one of East Boca Raton's most desirable residential pockets. The generous lot dimensions provide the flexibility to design a significant custom home with expansive indoor and outdoor living, resort-style amenities, and privacy that is increasingly difficult to find this close to downtown. The location delivers exceptional proximity to everything that defines the Boca Raton lifestyle. Just minutes from Mizner Park, Boca Raton's pristine beaches, and the vibrant energy of downtown Boca Raton, the property offers effortless access to premier dining, shopping, and entertainment. Nearby highlights include the Brightline Boca Raton Station, Florida Atlantic University, the Boca Raton Museum of Art, and the Boca Raton Public Library, along with nearby parks and green spaces that enhance both lifestyle and long-term appeal. With continued development driving demand for high-end living in this central Boca location, this property offers a rare chance to secure land of meaningful scale and build a signature residence. Whether for a custom end user home or a high quality spec project, the potential here is substantial. This property is being sold for land value. The existing structure is offered as is, with the highest and best use being redevelopment. Opportunities of this size, location, and future potential in East Boca Raton are increasingly limited. Survey available.
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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 | $1,320,000 | $1,320,000 | $1,320,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.362% | 6.385% | 6.223% |
| Monthly Tax Payment | $264 | $264 | $264 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,914 | $8,127 | $11,139 |
| Total Monthly Payment | $8,303 | $8,516 | $11,528 |
* 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.