Immerse yourself in the luxury of this magnificent three-bedroom, two-bathroom condo situated within the exclusive, gulf-front, gated community of South Beach. Spanning an impressive 1, 624 square feet, this residence boasts an expansive balcony offering captivating views, from the sunrise over the intercoastal waters to the breathtaking sunsets over the Gulf. The kitchen is a cooking haven, featuring granite countertops, ceramic backsplash, soft-close shaker cabinets, GE profile fingerprint-resistant stainless-steel appliances, Zline glass & stainless hood vent, and under-cabinet lighting. Revel in the beauty of the 5’’ base molding complementing the stunning floors that grace the entirety of the space. In 2021, the condo underwent a remarkable renovation, enhancing its appeal with updated features and a fresh modern look. In addition, the sellers installed a new AC with Nest in 2023 and a new impact door. In 2022 they added a fresh coat of paint, new electronic blinds in 2022, and a water heater in 2022. The floor plan maximizes living space, with a generously sized primary bedroom featuring two closets, dual sinks, granite counters, and a walk-in shower. Step out onto the balcony through sliding doors and embrace the refreshing breeze. The second bedroom also boasts balcony access, while the third bedroom offers a scenic view of the intercoastal. The added layer of protection includes electric hurricane shutters, providing not only safety but also convenience. This turnkey condo comes fully furnished, inviting you to simply unpack your suitcase and immerse yourself in the beach lifestyle. Enjoy the community's array of amenities, including a heated pool, charming tiki huts, and an exercise facility. Convenience is key, with covered parking, a storage locker, and ample guest parking. Proximity to the jolly trolley, dining, and shopping enhances the appeal of this beachfront haven. Seize the opportunity to live the resort lifestyle in this spectacular South Beach condo.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,099,900
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $879,920 | $879,920 | $879,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 7.000% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.851% | 7.103% | 7.041% |
Monthly Tax Payment | $1,018 | $1,018 | $1,018 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,003 | $5,854 | $7,848 |
Total Monthly Payment | $7,146 | $6,997 | $8,991 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.