Prime Development Opportunity in Prestigious South Gables. Situated on a peaceful corner lot in the heart of South Gables, this 10,000 SF property offers a rare chance to build a custom luxury home. With several new construction homes nearby, this lot presents a blank canvas for creating a masterpiece tailored to today's discerning buyer. Located just moments from Coconut Grove, top-rated schools, and premier shopping and dining, this address delivers an unbeatable combination of prestige and convenience. The lot's size and shape provide versatility for designing a stunning new home with space for exceptional indoor and outdoor living. Seize the opportunity to develop in an area where demand for new construction is at an all-time high. Land comparables in hand.
5111 Maggiore St, Coral Gables, FL, 33146
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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