6900 Bay Drive, #11i, Miami Beach, FL, 33141 | $288,900

Enjoy Miami Beach Living with Breathtaking Views. This 970 sq ft, 1BR, 1. 5 Baths Penthouse-level condo on 11th floor offers sweeping views of the Ocean, the Bay, La Gorce Island, and the city skyline. Fully funded reserves and a recently completed 50-year recertification make this a smart choice for first-time buyers, with low down payment financing options available.
This spacious, west-facing residence features a newly renovated kitchen with quartz countertops, tile floors, and updated bathrooms. Stunning ocean and city views on 2 sides, soundproof windows, and electric shutters, provide comfort and peace of mind. Additional upgrades include new appliances, A/C, and water heater. Located in the charming Normandy Island Historic District, the building offers a pool, gym, on-floor laundry, and covered garage parking. Enjoy a quiet yet convenient lifestylejust a short walk to the beach, parks, restaurants, and markets. The free North Beach Trolley, along with easy access to South Beach, Bal Harbour, Downtown, I-95, and public transit, makes this an unbeatable location in a growing area of Miami Beach. The monthly HOA fee is $788. 22 + Assessment for reserves is $252. 79. No short-term rentals allowed. Only one (1) year lease.

Features

  • Parking: Garage
  • Heating: Central, Electric
  • Cooling: Central Air, Electric
  • Levels: 11
  • Amenities: Elevator(s), Fitness Center, Pool, Trash Chute
  • Rooms: 3
  • Bedrooms: 1
  • Baths: 1 full / 1 half
  • Complex: STANTON HOUSE CONDO
  • Year Built: 1973
  • Common Charge: $788 Monthly
  • Approx Sq. Feet: 970
  • Est. Taxes: $2,380
  • Elem. School: Treasure Island
  • Middle School: Miami Beach Nautilus
  • High School: Miami Beach
  • Pet Policy: No
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • MLS#: R11119469
  • Website: https://www.raveis.com
    /prop/R11119469/6900baydrive_miamibeach_fl?source=qrflyer
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888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

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To learn more about our credentials, visit raveis.com today.

Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Pedro DelgadilloInsurance Sales Director, William Raveis Insurance

305.922.5393

Pedro.Delgadillo@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

6900 Bay Drive, #11i, Miami Beach, FL, 33141

$288,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $231,120 $231,120 $231,120
Term 360 months 360 months 180 months
Initial Interest Rate** 6.000% 6.375% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.374% 6.524% 5.933%
Monthly Tax Payment $198 $198 $198
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,386 $1,442 $1,919
Total Monthly Payment $1,659 $1,715 $2,192

* 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.