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A striking expression of modern waterfront living, this newly constructed residence delivers scale, privacy, & direct access to Biscayne Bay within the gated enclave of Biscayne Point. Beautifully executed with flawless, high-end interiors, the home reflects the craftsmanship expected of true luxury new construction. Designed for entertaining & elevated coastal living, the residence offers 4 bedrooms & 3 bathrooms within 3, 289 interior sqft. Spanning over 4, 000 total sqft, the home sits over a two-car garage understory that enhances elevation, security, & functionality.
Set on a waterfront lot with 50ft of frontage, the property features a private dock & a new boat lift, offering effortless ocean access & no fixed bridges. Elevated on stilts, expansive covered ground-level spaces create an ideal environment for hosting & outdoor living, seamlessly connected to the water. Above, floor-to-ceiling glass frames open-concept living areas, filling the interiors with natural light & uninterrupted bay views.
Interior spaces are meticulously crafted, showcasing premium finishes, clean architectural lines, & exceptional attention to detail throughout. A generous balcony extends the primary living spaces outdoors, overlooking the water & pool in a resort-style setting. Ideally located moments from renowned beaches, dining, & luxury shopping, this home presents a rare opportunity to own new construction waterfront property in one of Miami Beach’s most desirable gated neighborhoods.
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Our Executive Mortgage Banker:
Our Insurance Division:
$7,295,000
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 | $5,836,000 | $5,836,000 | $5,836,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.875% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.154% | 6.031% | 5.991% |
| Monthly Tax Payment | $3,062 | $3,062 | $3,062 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $33,136 | $34,522 | $48,463 |
| Total Monthly Payment | $36,323 | $37,709 | $51,650 |
* 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.