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The Parkview Penthouse at La Baia South is a quiet, elevated residence where proportion, materiality, and light shape the design. Located on the eighth floor, this three-bedroom residence with den spans 2, 068 interior square feet, complemented by 399 square feet of wraparound private outdoor space. Interiors feature imported European wide-plank wood flooring, ten-foot ceilings, and floor-to-ceiling, impact-resistant glass that brings in natural light and frames park-facing views with select water sight-lines from the terrace. The kitchen is thoughtfully integrated into the living space with custom European cabinetry, quartz stone countertops, a pantry, and a full Miele appliance package. Fixtures and finishes throughout the residence are curated by New York–based Durukan Design, with Hansgrohe fittings providing a refined, modern finish. Bathrooms are appointed with natural marble stone flooring, glass and chrome showers with dual rainfall showerheads, and custom European vanities. In-residence laundry includes a Miele washer and dryer, completing a residence defined by architectural clarity and carefully selected materials. La Baia is the latest project from visionary New York developer Ian Bruce Eichner who is credited with placing Miami Beach’s prestigious South of Fifth neighborhood on the map with the arrival of the Continuum South Beach. Upper Penthouse 02 comes with storage unit. Dock slips available for sale. Sold separately.
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,200,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $2,560,000 | $2,560,000 | $2,560,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 5.750% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 5.585% | 5.806% |
| Monthly Tax Payment | $3,583 | $3,583 | $3,583 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $14,335 | $14,939 | $21,088 |
| Total Monthly Payment | $18,043 | $18,647 | $24,796 |
* 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.