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Best Priced 2-bedroom + convertible den (to make a 3rd bedroom) in Avant Garde Condo with direct Intracoastal & Ocean views from every room. This updated residence features a renovated kitchen with stainless steel appliances, neutral ceramic tile flooring, new bedroom carpeting, and a private in-unit Jacuzzi whirlpool tub. Currently configured as a 2-bedroom plus convertible den; see floor plan in photos. Located in a gated high-rise on desirable South Ocean Drive, Avant Garde offers a manned gatehouse, lobby security/concierge, and resort-style amenities including a saltwater pool, fitness center, tennis, billiards, sauna, BBQ area, bike storage, assigned parking, and ample guest parking. All of this with monthly maintenance of only $682 all-in, this remains one of the lowest-fee values in the area, supported by strong management. Plus, the Avant Garde has completed its 40 and 50-year recertifications & there are no current assesments. Just steps to the beach and minutes from dining, shopping, Aventura Mall, Gulfstream racing & 2 nearby casinos, entertainment, and right between both major airports. A rare opportunity to own spacious water-view living in a well-managed building at a compelling price. Please note: the building doesn't allow rentals the first year of ownership & they dont permit any weekend showings past Saturday at 12 Noon. (motivated seller. . . However, we are only considering serious, well-supported offers)
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $299,600 | $299,600 | $299,600 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.512% | 5.866% |
| Monthly Tax Payment | $320 | $320 | $320 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,794 | $1,869 | $2,468 |
| Total Monthly Payment | $2,189 | $2,264 | $2,863 |
* 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.