Developers opportunity. Approx 40,000 sq.ft. lot with 5 duplexes (10 units) 3151, 3161, 3171, 3181 McDonald and 3191 Day Ave. located in the vibrant neighborhood of Coconut Grove. Zoned T3-O. Build up to 18 units per acre. This desirable community is conveniently situated within walking distance of Coco Walk, renowned restaurants, shopping destinations, top-rated schools, and just moments away from the Bay. Residents will find themselves within easy reach of prestigious educational institutions such as Ransom Everglades and Carrollton School of the Sacred Heart, as well as Cocowalks open-air mall, picturesque parks, upscale dining options, the scenic Dinner Key Marina, and all the attractions Coconut Grove has to offer.
Miami, FL, 33133
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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