Rare opportunity for investors! Unique 0,43-acre land in the BEACH AREA zooning HBB EAST approved for RESIDENTIAL or COMMERCIAL use.
Owner is offering trespass approved Multifamily project for 21units, ready to start. Building permit and bids are in process but the land is suitable and permitted for HOTEL-MOTEL-OFFICE-RESTAURANTE-STORES-STUDIOS OR WORKSHOP-SCHOOLS PUBLICS AND PRIVATE (Zoning code attached Miami 21-chapter 32, division3, section 32-211) It is also viable for an Airbnb building project with 30 units of 720 SQFT or a Boutique Hotel with 34 rooms. *The images of the buildings are renderings of the approved project.
Send your offer close to the asking price, accompanied by proof of funds.
Hallandale Beach, FL, 33009
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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