Priced to sell, one DOUBLE canal front lot, many unique options. Whether you are looking to build your dream tropical home with approved plans or you are an investor / developer, this large 15,200 SF piece of land boasts: 7 ft above sea level, soil tested, good conditions sea wall, potential to divide lot to build 2 single family homes, perfectly located between Miami Shores and Biscayne Park under unincorporated Miami Dade, which allows lucrative short term rentals potential. Location could not be better, right by Country Dade school, Barry University, few minutes from Design District, MIA, Miami Beach, Downtown/Brickell, yet very quiet residential area.
11701 W Biscayne Canal Rd, Miami, FL, 33161
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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