LOCATION, LOCATION, LOCATION! VERY RARE OPPORTUNITY TO ACQUIRE A 1 ACRE CORNER PARCEL OF LAND IN DELRAY BEACH LIMITS WITH MILITARY TRAIL FRONTAGE. THIS PROPERTY OFFERS THE BEST OF BOTH WORLDS - ZONED GENERAL COMMERCIAL WITH AN ALREADY PERMITTED RESIDENTIAL USE. LDR ALLOWS VARIOUS COMMERCIAL USES, PERFECT FOR PROFESSIONAL (DR. OFFICE, SURGERY CENTER, LAW OFFICES, ETC.) AS FOR RESIDENTIAL, YOU CAN BUILD UP TO 12 TOWNHOME UNITS. PROPOSED SITE PLAN OFFERS TWO 6 UNIT BUILDINGS WITH A COMMUNITY POOL, TOT LOT & DOG AREA. SURROUNDED BY PLENTY OF RESIDENTIAL & COMMERCIAL PROPERTIES THAT WILL CONTRIBUTE TO YOUR PROJECT. SELLER MAY CONSIDER SELLER FINANCING WITH A STRONG OFFER. 39,500 ADT OFFERS GREAT EXPOSURE. PERFECT OPPORTUNITY FOR A DEVELOPER LOOKING FOR A BOTIQUE UPSCALE RENTAL PORTFOLIO.
14145 S Military Trail, Delray Beach, FL, 33484
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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