A prime redevelopment directly along S. Allapattah Road: "South Allapattah Road Commercial Land". The offering is comprised of (4) vacant lots totaling +/- 31,000 SF of land on South Allapattah Road. The lot(s) assemblage allows approximately 17,200 SF on (4) stories and the southernmost lot can be sold individually as a 7,400 SF single family lot. This development could deliver the Highest & Best Use as a commercial multi-story development. The lots benefit from BU1 A zoning which is very liberal (allowed uses attached). The southernmost lot is zoned AU which may allow for a single-family residential home and is marketed jointly but can be sold individually.
22401 SW 112th Street, Miami, FL, 33170
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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