2. 62 acres with 405' of frontage on Tamiami Trail with six lots behind them on Franklin Avenue. Please refer to the attachment outlining the addresses, PID numbers and land area. You can acquire two additional lots @ 641/643 Tamiami Trail (an additional 15, 871 SF) to create an impressive presence on Tamiami Trail at Moss Drive! West Port continues to expand it's footprint with the addition of 185 adjacent acres to create West Port II which is bordered by Flamingo Canal and Toledo Blade Blvd. Last month West Port closed on the last portion of Murdock Village which added 152 additional acres to the overall development. Don't miss this opportunity to add your business in the West Port Community!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,253,087
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,002,470 | $1,002,470 | $1,002,470 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.304% | 6.762% | 6.725% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,336 | $6,419 | $8,733 |
Total Monthly Payment | $6,461 | $6,544 | $8,858 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.