A 7,500 square foot lot, offered at land value with a development project completed. The house is inhabitable, access will not be provided and no inspections will be permitted. The buyer needs to demolish the existing structure. This property presents an incredible opportunity to build a dream duplex (2 townhouses). Nestled in a desirable Coral Way neighborhood on a tranquil dead-end street in a coveted central location, and close to Douglass Park, Coconut Grove, Coral Gables, esteemed schools, fine dining, golf courses, the US-1. The Project for 2 townhouses is ready to submit to the City of Miami Building Department for approval. Each unit is 3 BR-2.5 BA, 2,367 Sqft. including the garage.
3627 SW 27th St, Miami, FL, 33133
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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