Cerritos Beachfront Legacy
Pescadero/Cerritos | Cerritos/Pesca-Genrl | MLS 24-540
$2,535,000 February 23, 2024$2,495,000 USD
($50,361,076.00 MXN) Please note that the price displayed in Mexican pesos has been calculated using the official national exchange rate published in the Diario Oficial de la Federación at $20.1848 mxn pesos per USD. However, please be aware that exchange rates are subject to change, and the displayed price should not be considered final. On weekends and festive dates we will display the last amount displayed by the Diario Oficial de la Federación and resume with the live exchange rate on the next business day automatically.Lot area: 5,143.87 m2
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Cerritos Beachfront Legacy is a large parcel of just over 1.27 acres with 60 linear meters (196.85 feet) of beach on an amazing stretch of sand for surf and swimming on the Pacific. The property is an assemblage of 3 contiguous lots (single lots may be available or purchase of 5 for 100 meters of beachront if the 2 other lots are available next door under listings 24-919 and 24-920). If purchased in combination, there are a plethora of mixed-use concepts to consider: private home, spec-homes, condo development, rental residences, beach club with F&B, beachfront surf bungalows.... the opportunities are endless!
Disclaimer:
This calculator is for example purposes only. Mortgage payments displayed exclude required monthly collections for items like property tax, homeowners insurance, Fiduciary annual fees, etc. MoXi offers 25-year fixed interest rates which vary depending on FICO score, LTV (amount of down payment), and loan size (amount you borrow). For additional details, please speak with a Mortgage Advisor on the MoXi team or visit MoXi's website at www.moxi.global.
MoXi Loans at-a-glance:
- US Citizens or US Permanent Residents Only
- Minimum loan amount is $250,000 USD / Maximum loan size $2.5 million USD
- Maximum LTV is 65% (35% down payment required)
- No prepayment penalty
- Minimum FICO score is 700
- Loans are originated and serviced in $USD
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Features & Amenities
- Lot m2: 5143.87
- Ocean front meters: 59.99
- Views: Oceanfront, Ocean
- Seller Financing: Yes, Owner/Dueno
- Water: Trucked
- Fideicomiso: Monex
- How to show: Call Agents Office
- Potencial use: Development Parcel,Residential Lot
- Road type: Dirt Maintained
- Topography: Varied
