Rare opportunity to create an incredible estate on a coveted, oak canopied street in North Coconut Grove. Potential to rent out the existing home during the planning & permitting process. (3BR/2.5BA with 2604 SFLA + pool). The 20,000 SF mid-street lot is in a prime neighborhood of multi-million dollar homes. Walk or bike to bayfront parks and marinas and close to the Grove village’s galleries, boutiques & cafes. Not in a flood zone ( one of the highest elevations in South Florida. Ideally located just minutes from downtown, MIA, Coral Gables, Key Biscayne & the Beaches.
Subdivision:
BISCAYNE PARK TERR
Utilities
Cable Available,Electricity Available,Phone Available,Sewer Available,Trash Collection,Water Available
Lot Description:
Oversized Lot,1/4 to 1/2 Acre Lot
2850 Natoma St, Coconut Grove, 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.
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
