Don't miss this exceptional opportunity to invest in a prime piece of vacant land in the sought-after Southwest area of Miami-Dade County. This property, located at the corner of 119th Avenue and SW 114th Street, boasts a promising folio number 30-6912-000-0370. Plans for the construction of 24 apartments are currently pending approval by Miami-Dade County, offering the prospective buyer an advantageous head start in developing a lucrative multi-family unit for generating passive income. Seize the chance to capitalize on this promising investment by acquiring this well-located land ready for potential future development. A rare find in a rapidly growing area, this property presents a lucrative opportunity for the savvy investor.
213xx SW 119th Ave, Unincorporated Dade County, 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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