Rarely available, substantial development site of +/- 1.67 acres, made up of 4 parcels, all under common ownership. This is a great site for condominiums, hotel or mixed use. Surrounding this site are established condominiuma, new construction condominiums, retail and residential. Just across the street from Madeira Way, which is undergoing an extreme makeover. One block to the beach! Easy access from both Gulf Blvd and the mainland, turn lanes already in place for vehicle access. This is a very unique offering and likely the last large parcel available on the Gulf Beaches. Zoned C3, which allows retail and personal service uses, business office and financial service uses, multifamily dwellings, tourist dwelling units and restaurants.
217 150th AVENUE, Madeira Beach, FL, 33708
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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