Prime Development Opportunity – Two Adjacent T5-O Properties Sold as a Package
829 NE 79 St & 7902 NE 8 Ct. Price: $1,700,000 (for both properties)
This is a rare opportunity to acquire two adjacent properties being sold exclusively as a package. Located along the bustling 79th Street Corridor, these properties offer unmatched development potential in one of the city’s most dynamic growth areas. The combined lots create a larger development footprint, perfect for multi-family, mixed-use, or commercial projects (subject to municipal approvals). This high-traffic corridor has seen significant growth and revitalization, driven by new commercial developments, residential projects, and infrastructure improvements.
829 NE 79th St, Miami, FL, 33138
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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