48-Bank Note on water houses in Florida
Bank Note on water houses in Florida
Original Note Amount $18,450,000
This property is made up of 43 town homes and 12 single family homes that each come with a boat slip (55 slip marina). Sixteen town homes have sold and the remaining units are 85 % complete. Approximately $3M is required to complete the project. The marina, pool, club house and entry guard are complete. Appraised value $9,890,000 on January 31, 2008
This great property consist of 8.5 acres of land on the water, with town homes and single family homes with private docks and direct ocean access from the $400’s. Only 55 units. It is strategically located and is being built with an on site marina/docks. Prices range from the mid 400’s to the $800,000’s. The luxury town homes are all 3 bedroom 2 and ½ bath starting at 1,950 square feet. Will have an on site marina and docks. There will also be a limited selection of single family homes directly facing the water. This is a rare deal in South Florida. There are not many gated waterfront communities down here with this square footage at these prices. Destined to be one of South Florida’s most memorable and sought after residential communities, This Preconstruction real estate project, is the ideal place to call home. Famous for its setting in the movie Cape Fear, starring Robert DeNiro and Nick Nolte, It is located minutes from Fort Lauderdale and Miami. With direct ocean and Intercostals access.
If this beautiful property with houses on water draw your attention and you would like to experience what its like to live here than just pick up the phone and call USA Lending and Realty at 305-754-1000 and we can sure help you pick your favorite home on water.
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