Introducing a unique investment opportunity located in Plantation, FL consisting of 8.8 acres of pristine vacant land. Boasting a generous 386,813 +/- sq ft, this fenced-in lot offers a canvas for various ventures. With its ample space and strategic location featuring 165 Ft of prominent frontage on Peters Road, and 260 Ft of frontage along the FL Turnpike, the property's agricultural zoning is ideally suited for a range of commercial and agricultural endeavors, including landscape maintenance truck/vehicle parking facilities, plant nurseries, landscaping services, and many other agricultural endeavors. Approximately 3 acres plus an existing easement are already leased, generating a total gross revenue of $13,600/month. Note: the property cannot be developed.
5050 Peters Rd, Fort Lauderdale, FL, 33317
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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