Attention Investors!! Welcome to 5211 Pine Grove Drive, West Palm Beach, FL - A Prime Real Estate Opportunity!! Currently Zoned RH-Multi-Family High Density that sits within an Opportunity Zone offering Potential Tax Advantages. This .77-acre property has a buildable canvas for up to 4 units. Build up to 35 feet high. Located near the end of a quiet private road with a corner lot. Most of the land is already cleared just waiting for the right investor to put their special touch on it. Come see this property for yourself. It will not disappoint! Located near the FL Turnpike and I-95. Lots of restaurants and the outlet mall nearby. Price based on Commercial Appraisal and Opportunity of Assemblage and Redevelopment of MFR RH.
5211 Pine Grove Drive, West Palm Beach, FL, 33417
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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