Centrally located of US-1 in the heart of a growing community in SW Miami-Dade. Being sold subject to land use/zoning & MAXIMUM DENSITY PERMITTED @ RU-4 (50 DU/ACRE) SITE PLAN APPROVAL. 100% OF DWELLING UNITS TO BE DESIGNATED AS WORKFORCE HOUSING UNITS (WHU). SITE PLAN FOR 248 UNITS MULTI-FAMILY DEVELOPMENT, WITH (2) ACCESS DRIVEWAYS; (1) ON 125TH AVE. & (1) ON 236TH ST. CONSISTING OF 6 BUILDINGS, 84 UNITS (1BD)/164 UNITS (2BD), WITH 376 TOTAL SURFACE PARKING PROVIDED, POOL AND PLAYGROUND. ($60,000.00 P/DOOR). PORPERTY IS LOCATED EAST OF SOUTH DIXIE HWY., (US-1) WITH 682' FRONTAGE ON SW 236TH ST. Property is located close to Lennar Homes Developments, minutes from the Cutler Ridge Metropolitan Center District, Southland Mall, Wal-Mart Supercenter, Target, Home Depot and Area Schools.
12501 SW 236th St, Homestead, FL, 33032
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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