Worth Ave Active

Palm Beach,FL 33463

$ 19500000

- Bed

0 Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID A11261484

Construction Status Under Construction

HOA Y/N No

Year Built 2024

Annual Tax Amount $21,000

Tax Year 2023

Property Description

SEEKING: CONSTRUCTION LOAN- MEZZ- EQUITY- GRNTR- JV- LP
Loan amount lesser of: $19,500,000 revolver or $31.3M +/- Whole project. At or below 69% LTC
TERM: 24 months.
RATE: 11.0%. Negotiable.
MEZZ: Negotiable terms
EQUITY: Negotiable terms
GUARANTOR/CO-BORROWER/JV/LP: Negotiable terms
Crypto and or other acceptable assets payments or collateral accepted.

Location

State FL

County Palm Beach

Area 4590

Direction 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.

Interior

Heating Central,Electric

Cooling Central Air

Building

Sewer Public Sewer,Other

Water Public,Well

Structure Type Block,Other

Construction Status Under Construction

Others

Acceptable Financing Assumable,Conventional,Cryptocurrency,Owner May Carry

Listing Terms Assumable,Conventional,Cryptocurrency,Owner May Carry

Special Listing Condition Corporate Listing

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