Site is located on the barrier island in Highland Beach, a very high end address in Palm Beach County. Due to the lack of future development site on Highland Beach, developers are purchasing older homes, leveling them and building multi-million dollar mansions. Contains 7.35 Acres of Vacant Land zoned residential multifamily. Full road and utilities access. 300' of Intracoastal shoreline. Contains wetlands, but has options available for its development. Extraordinarily rare large tract of land. Parcel control number is 24-43-47-04-00-001-0030. This site gives a developer the opportunity to build multiple units or mansions at a reasonable price level in an area of great demand. Don't miss this opportunity.
3822 S Ocean Blvd, Highland Beach, FL, 33487
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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