Exceptional Development Opportunity in esteemed Ponce Davis! Cleared and ready to build, this expansive lot (1.35 gross acres +/-) presents an exciting opportunity to develop one or two residences! Seller will provide buyers with (1) APPROVED plans for one expansive single estate AND/OR (2) a zoning verification letter from Miami-Dade County indicating that the property meets the minimum criteria for developing TWO lots with single-family residences utilizing the WHDP. Conveniently positioned within Ponce Davis, the property is within the Sunset Elementary school district and near the area’s most prestigious private schools. Please inquire for further information, including plans, survey, and zoning verification letter.
5396 SW 80th St, Miami, FL, 33143
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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