Amazing opportunity to build your dream home on this beautiful bayfront vacant lot in exclusive Paradise Point. Experience resort-style living at its best within the private, secure community of Royal Harbor Yacht Club. Enjoy 24-hr security, clubhouse, two tennis courts, heated pool, gym, and private beach with volleyball court. Take a serene nature walk to the beach to enjoy the bay view or dock your boat at the full-service marina. This lot comes with complete architectural and engineering plans for a stunning 6,000sf home featuring a rooftop pool with panoramic views of southern Biscayne Bay. The plans have been approved by both the City of Palmetto Bay and the Royal Yacht Harbor Club/Paradise Point HOA. Don't miss out on this exceptional opportunity to create your own piece of paradise
Subdivision:
PARADISE POINT 1ST AMENDM
Utilities
Cable Available,Electricity Available,Phone Available,Sewer Available,Trash Collection,Water Available
Lot Description:
< 1/4 Acre,Buyer Approval Required
View Description:
Bay,Ocean
5863 Paradise Point Dr, Palmetto Bay, FL, 33157
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.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
