Call for offers Wednesday, March 5th, 2025. One-of-a-kind opportunity to develop a sixty (60) unit condominium building located directly on Revere Beach. Fully approved and permit ready, the plans call for fifty-seven (57) 1 bed/1 bath units ranging from 693 sq/ft to 968 sq/ft and three (3) 2 bed/2 bath units all 1,635 sq/ft. All units boast private balconies. Ninety (90) parking spaces (eighty-two (82) interior and eight (8) exterior). Rooftop restaurant with over 4,400 sq/ft plus wraparound balcony. Resident fitness center. Ideally situated on Revere Beach in close proximity to downtown Boston, Logan Airport, MBTA Wonderland Stop (Blue Line), shops, restaurants, hotels and other new residential developments.
Amenities:
Public Transportation, Shopping, Walk/Jog Trails, Bike Path, Conservation Area, Highway Access, Marina, T-Station, Sidewalks
459-463 Revere Beach Blvd, Revere, (Revere Beach), MA, 02151
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
