Unimproved vacant land between NE 31 & 32 Street, East of US1 in the Edgewater section of Miami. T6-36A-L zoning allows 150 units per acre as a matter of right (thus allowing up to 78 residential units or 156 hotel keys as per zoning). Under the Miami-21 Zoning Code, the T6-36A-L zoning on this property allows for the maximum height that can be built which is 36 stories. This is a prime location for development given its close proximity to Biscayne Blvd., 1-195, the Design District and the Arts & Entertainment District. Move quickly on this as this one won't last long.
380 NE 32 ST, Miami, FL, 33137
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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