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Presented by
Bill Stoecker |
Gridline Properties is pleased to present 2591 S State Road 7, a prime 0. 62-acre corner development site offering 155 feet of direct frontage on US-441/SR-7 in West Park, Florida, available at $1, 600, 000. Situated along one of South Florida's most strategically connected commercial corridors, the property sits at the crossroads of Hollywood, Pembroke Park, and Miramar. This places it within minutes of a dense residential base and major employment centers throughout South Broward. Direct access to I-95 and the Florida Turnpike gives the site a true regional draw, while a daily traffic count exceeding 45, 000 vehicles on SR-7 ensures unmatched visibility and consistent consumer exposure.
Zoned Transit Oriented Corridor (TOC), the property supports a wide range of development uses including retail, drive-thru, mixed-use, office, and multifamily residential, on an efficient rectangular footprint of approximately 155' x 190' with two potential points of ingress/egress. The SR-7 corridor serves as the primary commercial spine
linking Fort Lauderdale to Miami-Dade, and the immediate submarket has seen growing developer interest driven by TOC designations, infrastructure investment, and demand for transit-adjacent development, making this an exceptional opportunity to acquire a high-visibility land position in one of Broward County's most actively
evolving submarkets.
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:
$1,600,000
Licensed Real Estate Salesperson
William Raveis Real Estate
Phone: 516.818.4904
William.Stoecker@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
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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 | $1,280,000 | $1,280,000 | $1,280,000 |
| 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 | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,674 | $7,777 | $10,801 |
| Total Monthly Payment | $7,799 | $7,902 | $10,926 |
* 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.