Ready to build vacant land (0.93 acre/40,511 sf) with approved architectural plans! This prime vacant land opportunity in the peaceful area of the Redlands is now available for sale, featuring approved city plans, completed foundation survey, new well, and DERM approval. It's ready for permitting and immediate development. Discover your dream home designed with luxury and versatility in mind; the property will feature 4 bedrooms, 4 baths, a spacious main living area with an open concept, ideal for family gatherings and entertainment, a two car garage, plus an open terrace. Total construction is 4,200 sq ft, 3,200 under air. Bank appraised value of $1.3 million, once construction is completed. It's a one of a kind opportunity, make it yours!
15835 SW 242 St, Homestead, FL, 33031
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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