100 Lincoln Rd, #PH14, Miami Beach, FL, 33139 | $1,100,000

Wonderful 2 bedroom 2 full bathroom split-plan Penthouse facing the city in Decoplage condo. A lot of natural light due to the south exposure. The apartment features an oversize private terrace, marble floor all over, open kitchen with granite counter-top and stainless steel appliances, glass showers in the bathrooms, plenty of closets space, furniture included, 2 assigned parking space plus 1 valet parking.
Great appreciation is coming due to the internal renovation (structural recertification and new hallways), beautification of 100-300 Lincoln rd, new Ritz-Carlton condo coming next door, many luxury hotels actually under renovation in the neighborhood.
Special assessment to be assumed by buyer, $374/mo until March 2034.
Best location in South Beach, it's the right moment to buy!

Features

  • Heating: None
  • Cooling: Central Air
  • Levels: 17
  • Amenities: Billiard Room,Bike Storage,Clubhouse,Fitness Center,Laundry,Playground,Pool,Trash,Elevator(s)
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Common Area
  • Complex: THE DECOPLAGE CONDO
  • Year Built: 1965
  • Approx Sq. Feet: 900
  • Est. Taxes: $17,172
  • View: Other
  • Water Front: Yes
  • Middle School: Nautilus
  • High School: Miami Beach
  • Pets Allowed: No
  • Appliances: Built-In Oven,Dryer,Dishwasher,Electric Range,Ice Maker,Microwave,Refrigerator,Washer
  • MLS#: A11868598
  • Days on Market: 79 days
  • Website: https://www.raveis.com
    /prop/A11868598/100lincolnrd_miamibeach_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MIAMI Association of REALTORS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Harry.Finer@raveis.com

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Russell BaboffVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1014636

860.463.1745

Russell.Baboff@raveis.com

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Our Insurance Division:

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100 Lincoln Rd, #PH14, Miami Beach, FL, 33139

$1,100,000

Harry Finer - The Finer Team

Sales Vice President

William Raveis Real Estate

Phone: 860.882.4911

Harry.Finer@raveis.com

Russell Baboff

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 860.463.1745

Russell.Baboff@raveis.com

NMLS Mortgage Loan Originator ID 1014636

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $880,000 $880,000 $880,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 5.750% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.117% 5.870% 5.806%
Monthly Tax Payment $1,431 $1,431 $1,431
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $4,928 $5,135 $7,249
Total Monthly Payment $6,484 $6,691 $8,805

* 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.