1880 S Ocean Dr, #203, Hallandale Beach, FL, 33009 | $835,000

DRAMATIC OVER 125K PRICE REDUCTION!!! OUTSTANDING OPPORTUNITY TO OWN THE LARGEST (OVER 3, 000 S. F. ) UNIT IN THE RESORT STYLE OCEANFRONT COMPLEX "LA MER ESTATES" ON A FLOOR THAT REQUIRES NO ELEVATOR. THIS UNIT IS ORIGINAL, BUT COMES COMPLETELY FURNISHED WITH EXPENSIVE, UNIQUE ORIGINAL PIECES. UNIT HAS NEW IMPACT WINDOWS, TWO PARKING SPACES, TWO STORAGE LOCKERS, UTILITY ROOM WITH GRANDFATHERED FULL WASHER AND DRYER. WALK FROM UNIT ON SAME FLOOR OUT TO PATIO/POOL, RESTAURANT, BEAUTY SALON, GYM. THIS UNIT HAS NO BALCONY AS IT'S LIKE YOUR OWN BEACH HOME IN AN OCEANFRONT RESORT. LA MER UNDERWENT A 20M RESTORATION WITH NEW RESTAURANT, BEAUTY SALON, PICKLEBALL, TENNIS, SHUFFLEBOARD, MEN/WOMEN'S LOCKER ROOMS, BBQ AREA BY OCEAN, HEATED POOL, OCEAN SERVICE, OCEANFRONT PATIO BAR, BILLIARDS, GYM, TOP VALET AND SECURITY. UNIT VIEWS ARE OCEAN DRIVE (WEST) AND PARK (NORTH). PRICE INCLUDES SELLER PAYS FULL ASSESSMENT (APPROXIMATELY 57K) OR BUYER CAN DEDUCT FROM PRICE AND PAY MONTHLY AT $989/MO. FOREIGN SELLER SO FIRPTA APPLIES. MAINTENANCE FEE INCLUDES RESERVES.

Features

  • Heating: Central
  • Cooling: Central Air
  • Levels: 16
  • Amenities: Basketball Court,Billiard Room,Clubhouse,Community Kitchen,Fitness Center,Barbecue,Picnic Area,Pickleball,Pool,Sauna,Storage,Tennis Court(s),Trash,Elevator(s)
  • Bedrooms: 3
  • Baths: 4 full / 1 half
  • Laundry: Washer Hookup,Dryer Hookup
  • Complex: La mer
  • Year Built: 1974
  • Common Charge: $3,007 Monthly
  • Approx Sq. Feet: 3,040
  • Est. Taxes: $16,787
  • View: Garden,Other
  • Water Front: Yes
  • High School: Hallandale High
  • Pet Policy: Conditional,Yes,Pet Restrictions
  • Appliances: Dryer,Dishwasher,Electric Range,Electric Water Heater,Disposal,Microwave,Refrigerator
  • MLS#: A11910046
  • Days on Market: 50 days
  • Website: https://www.raveis.com
    /prop/A11910046/1880soceandr_hallandalebeach_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.
Listing courtesy of Beachfront Realty Inc   Phone: 305-405-0615

William Raveis Family of Services

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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

1880 S Ocean Dr, #203, Hallandale Beach, FL, 33009

$835,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $668,000 $668,000 $668,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.000% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.278% 6.121% 6.038%
Monthly Tax Payment $1,399 $1,399 $1,399
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,845 $4,005 $5,592
Total Monthly Payment $5,336 $5,496 $7,083

* 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.