Description
SEEKING TO REFI A CONSTRUCTION LOAN- MEZZ- EQUITY.
Loan amount lesser of: $19,500,000 revolver or $30.8M +/- Whole project. At or below 69% LTC
TERM: 24 months.
RATE: 10.50%. Negotiable.
MEZZ: Negotiable terms
EQUITY: Negotiable terms
CO-BORROWER/JV: Negotiable terms,
Features
- Building Area Units
Square Feet
- City
Palm Beach
- Contract Status Change Date
2022-08-24 00:00:00
- Cooling
Yes
- County Or Parish
Palm Beach County
- Days On Market
643
- Directions
Centrally located
Luxury Home Golf Project near it all. To just a few privileged homebuyers and investors
this beautiful community will provide easy access to the area’s best shopping
night life
education
beaches and water sports. High upside.
- Electric On Property
Yes
- Expiration Date
2024-08-31 00:00:00
- Heating
Yes
- Inclusions
Equipment
Inventory
License
Trade Name
Business; Building And Land
Business Only
- Insurance Expense
60000
- List A O R
A-Miami Association of REALTORS
- List Price
19500000
- Living Area Units
Square Feet
- Lot Size Units
Square Feet
- Major Change Type
Price Increase
- Mls Status
Active
- On Market Date
2022-08-24 00:00:00
- Original List Price
14042000
- Originating System Name
miamire
- Possession
Negotiable
Funding
- Postal Code
33463
- Previous List Price
16042000
- Property Type
Business Opportunity
- Public Survey Range
30
- Public Survey Section
22
- Public Survey Township
30
- Showing Contact Type
Agent
Call Listing Office
- Showing Instructions
Appointment Only
Call Listing Agent
Call Listing Office
- Standard Status
Active
- State Or Province
FL
- Tax Year
2023
- Unparsed Address
Worth Ave
Palm Beach FL 33463
- Virtual Tour URL Unbranded
https://www.propertypanorama.com/instaview/mia/A11261484
- Water Source
Public
Well
- Year Built
2024
- Year Built Details
Under Construction
