Commercial Development Opportunity in the sought-after Southwest Planned Urban Neighborhood (SWPUN), perfectly positioned parallel to the Miami-Dade Bus Way. With Neighborhood Mixed Use (NMU) Subarea zoning, the potential is limitless. Unlock the possibility of constructing up to 5 stories, accommodating a range of uses. From residential-attached options to hotels, professional offices, and enticing retail spaces, seize the opportunity to cater to diverse consumer needs. Additional possibilities include restaurants, grocery stores, convenience stores with gas sales, day care centers, community residential homes, funeral homes, churches, or places of worship. This sale consist of 3 lots totaling a generous 17,825 sqft. Please see attachments for clarification on zoning and permited use.
705 SW 3rd Ave, Homestead, FL, 33030
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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