Welcome to an extraordinary opportunity at the ASSEMBLAGE of 81 Miramar and 1750 Estero! Picture this: A sprawling 100’ X 100’ canvas of potential right in the heart of Downtown Zoning, where dreams flourish and possibilities are endless! With ample space to effortlessly meet parking requirements, this location is rewriting our beloved island's rulebook for commercial excellence. Downtown Zoning isn't just a label; it's a gateway to unlimited creativity and innovation. Embrace the freedom to explore a myriad of permitted uses, setting the stage for your vision to shine brighter than ever before! Let your imagination run wild as you envision the next chapter for 1750 Estero, once home to the cherished Sun Palace Vacations. What new legacy will you build upon this rapidly healing island? Step outside and feel the pulse of paradise, with beach access mere steps away on Miramar. Whether you're dreaming of luxurious residences or a dynamic mixed-use masterpiece, this location promises an unparalleled allure to residents and visitors alike. Hungry for success? Indulge in the prospect of a restaurant sanctuary, perfectly poised to tantalize taste buds and create unforgettable experiences. What flavors will you infuse into this gastronomic haven? The stage is set, the possibilities are boundless. Seize this moment to shape the future of our vibrant community. Your vision awaits at the ASSEMBLAGE of 81 Miramar and 1750 Estero!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$2,995,000
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 | $2,396,000 | $2,396,000 | $2,396,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.799% | 6.876% | 6.850% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $15,941 | $15,540 | $21,037 |
Total Monthly Payment | $16,066 | $15,665 | $21,162 |
* 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.