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Exceptional 1031 Exchange opportunity in the heart of Surfside. The Corcoran Group is proud to present a rare bulk-sale assemblage consisting of five (5) single-family parcels spanning approximately 30, 900 SF of land across three prime Surfside blocks. The portfolio includes two contiguous Carlyle Avenue lots (9424 & 9432) currently operating as an expansive ±11, 200 SF double-lot compound, an additional Carlyle parcel at 9524, and two Abbott Avenue properties at 9381 and 8951.
Positioned on the desirable dry side of A1A and just moments from the Atlantic Ocean, Bal Harbour Shops, and the Four Seasons at The Surf Club, this offering presents an ideal replacement property opportunity for a 1031 exchange buyer seeking long-term appreciation, redevelopment potential, and generational wealth preservation in one of South Florida’s most supply-constrained luxury coastal markets.
Offered exclusively as a portfolio sale for $12, 750, 000, the assemblage provides immediate scale, multiple value-add strategies, and the ability to secure a significant footprint in highly sought-after Surfside. Ideal for investors, developers, family offices, or buyers looking to reposition exchange proceeds into a premier Miami-area land holding.
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:
$12,750,000
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 | $10,200,000 | $10,200,000 | $10,200,000 |
| 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 | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $61,154 | $62,803 | $86,073 |
| Total Monthly Payment | $61,279 | $62,928 | $86,198 |
* 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.