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Presented by
The Weingrad Group |
Expansive 4-bed, 5-bath residence offers 3, 521 sq ft of interior space and sweeping South /East /West exposures for all-day sunlight and panoramic views of the Ocean, city skyline, and Bay. Floor-to-ceiling windows open onto 1, 183 sq ft of wraparound terrace perfect for outdoor entertaining or quiet reflection above South Beach.
The open-concept living spaces flow seamlessly into a kitchen equipped with Gaggenau appliances, white oak cabinetry and quartzite countertops. The primary suite is a serene retreat with its own sitting area, walk-in closets, and marble bath.
Five Park is the newest addition to the Miami Beach luxury condo offering. Its residents enjoy access to world-class services and amenities, including two pools, a state of the art gym and spa, and a private beach club.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$6,825,000
Sales Associate
William Raveis Real Estate
Phone: 561.352.3025
TheWeingradGroup@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $5,460,000 | $5,460,000 | $5,460,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.875% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.130% | 5.984% | 5.912% |
| Monthly Tax Payment | $0 | $0 | $0 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $31,001 | $32,298 | $45,340 |
| Total Monthly Payment | $31,126 | $32,423 | $45,465 |
* 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.