Great location for new construction on one of the Southend neighborhood's favorite streets! This 72' x 100' property is on Summa Street and this block is blossoming with new construction projects and everyone loves the little inland beach at the end of the street on the Intracoastal Waterway. Owner has prepared CAD drawings for a two story modern home to be built here but the possibilities are endless as there are no historic restrictions here. Property is being sold as a lot, but there is an existing structure here that will need to be taken down prior to new construction. Since the property is being sold for land value, the seller has requested no interior viewings of the existing home without a signed contract.
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Listing courtesy of Kiely Real Estate, LLC Phone: (561) 655-1300
261 Summa Street, West Palm Beach, FL, 33405
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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