496 Holiday Drive, Hallandale Beach, FL, 33009 | $2,890,000

Exceptional waterfront development opportunity in Golden Isles. This oversized 12, 949 SF waterfront lot offers 85 FT of prime water frontage, direct ocean access with NO FIXED bridges, and a brand-new code-compliant SEAWALL already completed, representing substantial savings in time and development costs. Significant pre-development work has already been completed, including a full set of plans currently progressing through the municipal review process, allowing the future owner to accelerate the path toward construction of a luxury waterfront residence. Golden Isles is one of South Florida's most established waterfront communities, offering privacy, security, and an exceptional boating lifestyle. Residents enjoy proximity to world-class destinations including Shell Bay Club, featuring a private Greg Norman golf course, yacht club, marina & wellness facilities. The property is also minutes from Gulfstream Park, Aventura Mall, pristine beaches, fine dining, private aviation access, and the luxury lifestyle destinations of Sunny Isles Beach and Bal Harbour. With limited waterfront land remaining in the area, this property represents a rare opportunity to secure a premier development site in one of South Florida's most desirable waterfront enclaves, with park, dog park, multiple tennis courts and more. New owner benefits from substantial pre-development work already completed, reducing design and permitting timelines compared to starting from a raw waterfront lot.

Features

  • Amenities: Gated
  • Rooms: 1
  • Bedrooms: 3
  • Baths: 2 full
  • Lot Size: 12949
  • Year Built: 1961
  • Garage: 2-car
  • Heating: None
  • Cooling: Central Air
  • Acreage: 0.3
  • Lot Size: 12949
  • Est. Taxes: $47,145
  • View: Water, Canal
  • Water Front: Yes
  • Boat Service: Private Dock
  • Elem. School: Gulfstream Academy Of Hallandale Beach
  • Middle School: Gulfstream Academy Of Hallandale Beach
  • High School: Hallandale
  • Pool: Other
  • MLS#: A12042401
  • Website: https://www.raveis.com
    /eprop/A12042401/496holidaydrive_hallandalebeach_fl?source=qrflyer
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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
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  • Has access to hundreds of loan programs, all at competitive rates
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Pedro DelgadilloInsurance Sales Director, William Raveis Insurance

305.922.5393

Pedro.Delgadillo@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
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496 Holiday Drive, Hallandale Beach, FL, 33009

$2,890,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $2,312,000 $2,312,000 $2,312,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.000% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.218% 6.133% 6.183%
Monthly Tax Payment $3,929 $3,929 $3,929
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $13,676 $13,862 $19,510
Total Monthly Payment $17,730 $17,916 $23,564

* 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.