5288 Alton Road, Miami Beach, FL, 33140 | $675,000

New co-ownership opportunity: Own one-eighth of this professionally managed, turnkey home by Pacaso. Cool and contemporary, this home sits on a beautifully landscaped corner lot offers elegance and privacy. The backyard features an inviting pool and spa, plus a covered outdoor kitchen and lounge. The open plan main floor includes a wall of built-in cabinetry, a sleek dining space and a gourmet kitchen with a six-burner Viking cooktop, Sub-Zero double refrigerator and double freezer, a wine fridge and a glass-enclosed 80-bottle wine rack. Upstairs is the spacious primary bedroom with a window wall, a giant closet and access to an upper patio overlooking the pool. The en suite bathroom has a tiled shower and dual-sink vanity. Fully furnished and professionally decorated.

Features

  • Amenities: None
  • Bedrooms: 4
  • Baths: 4 full
  • Year Built: 2021
  • Garage: 2.00
  • Heating: Central
  • Cooling: Central
  • Approx Sq. Feet: 3,263
  • Est. Taxes: $11,214
  • Lot Desc: < 1/4 Acre
  • View: Bay
  • Pool: Inground
  • Pet Policy: Yes
  • MLS#: RX-11151894
  • Website: https://www.raveis.com
    /prop/RX-11151894/5288altonroad_miamibeach_fl?source=qrflyer
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Listing courtesy of Pacaso Inc.

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
  • Place up to 20+ photos of your home on our website, raveis.com
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

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

5288 Alton Road, Miami Beach, FL, 33140

$675,000

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 $540,000 $540,000 $540,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 5.990% 5.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.197% 6.132% 5.541%
Monthly Tax Payment $935 $935 $935
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,066 $3,234 $4,341
Total Monthly Payment $4,092 $4,260 $5,367

* 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.