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This renovated studio at 1227 Euclid Ave offers modern South Beach living with recently updated floors, a fully renovated bathroom, filtered water at the sink, and a newer A/C unit. The unit includes three closets for storage, and the landlord covers WiFi, with the tenant only responsible for rent, electricity, and gas. The unit is available furnished, but can be arranged unfurnished if needed. Located on a quiet residential street close to the beach, dining, and everyday essentials, residents have access to street parking and can apply for the Miami Beach Residential Parking Permit (RPP) program. The unit will be professionally cleaned before move-in. First month’s rent, last month’s rent, and security deposit are required; however, the landlord may waive the last month’s rent for well-qualified tenants. Condo association approval is mandatory. The association application takes 5 to 7 business days for local applicants and 5 to 10 business days for international applicants. Rush processing is available for an additional $100 per applicant with a 24 to 48 business hour turnaround. Ideal tenant has good credit and stable, verifiable income of at least 2. 5x the monthly rent.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,690
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 | $1,352 | $1,352 | $1,352 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.866% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $8 | $8 | $11 |
| Total Monthly Payment | $83 | $83 | $86 |
* 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.