ONE-OF-A KIND PRIME HALF ACRE ESTATE WITH 121 FEET OF BAY-FRONT & UNOBSTRUCTED SKYLINE VIEWS LOCATED IN SOUGHT AFTER BAY POINT GATED COMMUNITY. Build your dream home (up to 13,500 SF) or remodel & expand the existing mediterranean home. This South-East facing 23,100 SF trophy lot offers dream water and Miami skyline views from all property angles, plus uninterrupted year-long coastal breeze. The substantially renovated 7 bed 6.5 bath current home may be rented or occupied during the design phase (6,000 sf under A/C, 3+ car garage). This exclusive coveted community offers private roads patrolled by 3 security guards24/7. Perfect for families looking to be close to the best private schools in Miami, the Beach, Design District,Midtown, Wynwood, Museums and Art's District.
Utilities
Cable Available,Electricity Available,Natural Gas Available,Phone Available,Sewer Available,Trash Collection,Underground Utilities,Water Available
View Description:
Bay,Ocean
586 Sabal Palm Rd, Miami, FL, 33137
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.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
