|
Property consists of two separate lots with individual folio numbers, offering a combined area of approximately 33, 818 sq. ft. (16, 909 sq. ft. per lot). The seller is willing to sell the lots separately, providing flexibility for investors, developers, or end users. This well-maintained property offers an excellent opportunity for residential development or investment. Each lot has its own access point, with entrances from both SW 324th Street and SW 325th Street. The southern lot features a beautiful Tiki Hut, perfect for outdoor gatherings and entertaining. The property is fully fenced and includes well water, a sprinkler system throughout the lots, an electrical service box at the front of the property, and a variety of mature fruit trees, he property includes architectural plans for a proposed 8-bedroom, 8-bathroom assisted living facility, which will be conveyed with the sale. This provides a unique opportunity for investors or developers seeking to establish an assisted living residence or other specialized housing project, subject to verification of zoning, licensing, and permitting requirements. Located in a rapidly expanding area, the property benefits from ongoing residential growth, with several major developers actively building new communities nearby. This continued development enhances the property's long-term value and offers excellent potential for future appreciation and investment opportunities.
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed.
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:
$780,000
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
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $624,000 | $624,000 | $624,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.615% | 5.952% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,737 | $3,940 | $5,182 |
| Total Monthly Payment | $3,829 | $4,032 | $5,274 |
* 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.