Price includes site plans submitted included in price for three story 8 units of 2bed 2 bath project with 8 parking spaces. Second option avialable for 25 units and 6 stories approved in pre application with the planning department. Professional MEP estimate available. All Utility connections available on site (water, sewer, electric). Not in a flood zone. Blocks from the $1 billion redevelopment project Southplace City Center a "city within a city," featuring 5,000 residential units, 500,000 sqft retail, a hotel, and 60,000 sqft of medical office.
Please see attachments for professional feasibility study. A lot of development in planning within two blocks. See photo for details.
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12010 SW 214th Ter, Miami, FL, 33177
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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