1800 N Bayshore Drive, #3802, Miami, FL, 33132 | $395,000

Unbeatable investment for investors! Income generating property. Best-priced, occupied 1-bedroom, 1-bath residence in the area! Exceptional value in one of Miami's most sought-after all age, pet friendly waterfront communities. Step inside to discover a bright and open living area, open kitchen featuring stainless steel appliances, large private balcony, hurricane-impact sliding glass doors from both the living room and primary bedroom. Enjoy the convenience of an in-unit washer and dryer and a generously sized bathroom. HOA includes cable, internet, water, and one assigned parking space, giving you worry-free living and incredible convenience. The building offers secured access, two lobbies and fob-controlled entry for building and elevator. Enjoy resort-style amenities including a state-of-the-art fitness center, sauna, steam room, hot tub, pool, business center, game room, valet, concierge, package receiving, and bicycle storage. Located in the prestigious 1800 Club Condominium, this luxury waterfront residence overlooks Margaret Pace Park and Biscayne Bay in the heart of the Miami Performing Arts District. You'll be just two blocks from the $500 million Performing Arts Center (1. 4 miles), and only minutes from Downtown Miami (1. 6 miles), the Kaseya Center (1. 4 miles), the proposed world-class Art Museum and Science Center (1 mile), and the beaches of South Beach. Step outside your front door and enjoy Margaret Pace Park, featuring a dog park, tennis and basketball courts, soccer and cricket fields, playgrounds, and barbecue areas perfect for active living or relaxing by the bay. Modern construction. Resort amenities. Prime location. This rare opportunity won't last!

Features

  • Parking: Assigned, Covered, On Street, Garage, Attached Garage
  • Heating: Central, Electric
  • Cooling: Central Air, Electric
  • Levels: 42
  • Amenities: Clubhouse, Elevator(s), Fitness Center, Game Room, Management, Parking, Pool, Sauna, Spa/Hot Tub, Manager On Site, Trash Chute, Bike Storage, Business Center, Community Room, Internet Included, Lobby, Street Lights
  • Rooms: 5
  • Bedrooms: 1
  • Baths: 1 full
  • Laundry: Laundry Closet, Inside, Washer Hookup
  • Complex: 1800 CLUB CONDO
  • Development: 1800 CLUB CONDO
  • Year Built: 2007
  • Common Charge: $654 Monthly
  • Approx Sq. Feet: 841
  • Est. Taxes: $6,722
  • View: Pool
  • Water Front: Yes
  • Elem. School: Phillis Wheatley
  • Middle School: Jose De Diego
  • High School: Booker T. Washington
  • Pet Policy: Yes, Breed Restrictions, Number Limit, Size Limit, Pet Restrictions Possible
  • Appliances: Electric Water Heater, Dryer, Dishwasher, Electric Range, Gas Range, Microwave, Refrigerator, Water Heater, Washer
  • MLS#: R11137937
  • Website: https://www.raveis.com
    /prop/R11137937/1800nbayshoredrive_miami_fl?source=qrflyer
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William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

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

  • Market your home to realize a quick sale at the best possible price
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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

1800 N Bayshore Drive, #3802, Miami, FL, 33132

$395,000

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 $316,000 $316,000 $316,000
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% 6.524% 5.866%
Monthly Tax Payment $560 $560 $560
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,893 $1,971 $2,603
Total Monthly Payment $2,528 $2,606 $3,238

* 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.