The property offers approximately 33,665 square feet of developable land, zoned for multi-family use and already platted for 8 townhomes and sits in phase 3 of an existing development. We have a full set of plans ready to be submitted for permits, making it an excellent opportunity for a small developer looking to hit the ground running.presenting an attractive investment in a highly desirable area.Embassy Drive, ideally situated near the exclusive, gated community of the Land of the Presidents and the prestigious Jack Nicklaus Signature Golf Course at Banyan Cay Resort. This prime location also boasts close proximity to the Palm Beach Outlet Mall, I-95, Palm Beach International Airport, Rosemary Square, the Tri-Rail, Brightline station, Historic Clematis Street, Palm Beach.
1810 Embassy Drive, West Palm Beach, FL, 33401
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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