0 Edwards Rd, Margate, FL, 33063 | $879,500

4, 3, 2, 1. . . Spring has sprung and money is in the air. How many homes do you envision building this year? The choice is yours. These lots can be sold individually or as a bundle, giving you the flexibility to maximize your investment. This presents a rare opportunity to shape your own generational wealth and legacy. With its strategic location and booming development in the area, investing in Margate is not just a choice, it's a smart move. Whether you're a seasoned investor or a newcomer to the game, this property offers exceptional potential to get more money, more money, more money. Don't believe the hype. . . These are the only available lots for sale in ALL of the City of Margate! Bundle: 6212 edwards rd, 6214 edwards , 6216 edwards rd, 6219 edwards rd for only $879k

Features

  • MLS#: A11569179
  • Days on Market: 46 days
  • Website: https://www.raveis.com
    /prop/A11569179/0edwardsrd_margate_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MIAMI Association of REALTORS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Jerry MasonSales Associate

508.292.9297

Jerry.Mason@Raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

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Frank MerolaVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1020051

508.740.5922

Frank.Merola@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
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Allen GellermanInsurance Sales Director, William Raveis Insurance

617.686.2668

Allen.Gellerman@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

0 Edwards Rd, Margate, FL, 33063

$879,500

Jerry Mason

Sales Associate

William Raveis Real Estate

Phone: 508.292.9297

Jerry.Mason@Raveis.com

Frank Merola

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 508.740.5922

Frank.Merola@raveis.com

NMLS Mortgage Loan Originator ID 1020051

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $703,600 $703,600 $703,600
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 7.000% 6.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.851% 7.128% 7.061%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,740 $4,681 $6,275
Total Monthly Payment $4,832 $4,773 $6,367

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.