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This residence showcases original marble flooring throughout the living room and hallway, complemented by clean, smooth ceilings with no popcorn finish, creating a timeless and elegant interior. Enjoy magnificent marina and Intracoastal views from both the living room and bedroom, filling the space with natural light and serene waterfront ambiance.
The home features an open kitchen layout, a remodeled primary bathroom, custom hurricane shutters, and premium woven carpeting in the bedroom for added comfort. The seller will pay all outstanding special assessments at closing, offering peace of mind to the next owner. (Please note: the unit does not include a dishwasher. )
Located in the iconic Olympus Towers, residents enjoy a financially strong building with solid reserves, the 40-year certification completed, and the benefit of upcoming property tax relief legislation, further enhancing long-term value.
Olympus Towers is renowned for its lush, resort-style grounds, two pools, full-service marina, state-of-the-art fitness center, sauna, tennis courts, and BBQ areas. Situated on desirable Three Islands, the property is within walking distance to the beach, restaurants, and shopping, and just minutes from casinos, Gulfstream Park, Aventura Mall, and Fort Lauderdale Airport.
A rare opportunity to enjoy waterfront living, strong building fundamentals, and an unbeatable location.
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:
$248,000
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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $198,400 | $198,400 | $198,400 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 5.875% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.112% | 6.520% | 5.415% |
| Monthly Tax Payment | $366 | $366 | $366 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,096 | $1,174 | $1,582 |
| Total Monthly Payment | $1,537 | $1,615 | $2,023 |
* 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.