|
|
NORTH BAY ROAD MASTERPIECE 8 YEARS IN THE MAKING… LOCATED IN MIAMI BEACH MOST COVETED STREET DESIGNED BY TAYLOR ABESS! Two Homes encompassing 8 Bedrooms + 8. 5 Bathrooms spanning across 7, 866 SF of living space on a Massive 14, 620 SF Double Flow-Thru LOT from N Bay Road to Alton Road. The home’s geometry is driven by an abundance of curves and fluid shapes with Marbellino-finished Walls. The living room, with a Custom-Designed wall in neutral tones and a fireplace, is complemented by organic-shaped furniture. Plastered, sculptural poured-concrete staircase featuring a chic, concealed backlit railing + a custom brass chandelier. Light-filled and refined Italkraft creamy-lacquered kitchen is wrapped with Calcutta marble countertops + Sub-Zero appliances & hidden coffee bar. European Oak flooring throughout. Primary bedroom with private balcony & California closets. Primary bathroom in white marble with a steam shower. 4 custom-designed kid suites + Laundry with a separate entrance. Imported Ecuadorian Teak fencing surrounds the property. 5, 000 SF of outdoor entertaining spaces, including a 45-foot saltwater pool, a teak pergola & custom summer kitchen with BBQ, refrigerator, sink & ice maker. Separate 3-bedroom guest house with a fully equipped kitchen + rooftop & wellness area with sauna & steam shower. Smart Home integration with Lutron & Sonos. 2-car garage & expansive driveways for up to 8 cars. Prime walkability to Sunset Harbor, the Miami Beach golf course & Lincoln Road.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$26,500,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $21,200,000 | $21,200,000 | $21,200,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 5.875% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 5.972% | 5.846% |
| Monthly Tax Payment | $6,589 | $6,589 | $6,589 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $118,714 | $125,406 | $174,631 |
| Total Monthly Payment | $125,428 | $132,120 | $181,345 |
* 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.