City of Pompano Beach Approval Order Issued with Renderings & Plans accompanies this mixed-use residential/commercial property. Amongst the last prime locations offering a significant valuable asset to Pompano Beach. This all inclusive project is waiting to blossom in the right developers hands, saving time and costs. Shovel Ready Development entails 67 units of residential space with a mix of studio, 1-bedroom, and 2-bedroom apartments, 1,792SF of commercial space on the first floor, perfect for retail or office tenants.A 3-level parking garage with 85 parking spaces, including 5 ADA-compliant spots.Residential units spread across five floors (4th to 8th), providing a total gross space of 120,370 SF.Affordable Housing Component:The development includes 11 affordable units,15% of total
31 NE 22nd Avenue, Pompano Beach, FL, 33062
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
