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Wake up to ocean views this winter in the heart of South of Fifth, Miami Beach’s most coveted oceanfront neighborhood. This light-filled studio offers a rare NE ocean view from a private balcony, creating an ideal coastal retreat just steps from the sand. The unit is thoughtfully designed for comfort and efficiency, kitchen equipped with smart appliances, Nest thermostat with central A/C and heat, new impact windows, brand-new flooring, and a sleek modern bath. Smart home features keep owners connected effortlessly, whether you’re home or away. Newly installed expansive sliding glass doors bring in natural light and ocean breezes, seamlessly connecting the living space to the freshly renovated balcony. Own 1 of 10 Studios available in the building, keeping your monthly maintenance expenses the lowest. The building recently completed major capital improvements, including the exterior, balconies, roof, pool deck with shower, fitness center, and a gated backyard fence around the landscaped beachfront grounds with footbath. Additional enhancements are part of the building’s long-term modernization plan, including renovated spa-style gym/pool bathrooms and saunas. Enjoy direct beach access and walkable proximity to South Pointe Park and South of Fifth’s celebrated dining scene, including Joe’s Stone Crab, Carbone, and Smith & Wollensky. A rare opportunity to own a smart, oceanfront residence in South of Fifth — perfect as a pied-à-terre, beach escape, or refined full-time home.
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:
$395,000
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 | $316,000 | $316,000 | $316,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.395% | 6.533% | 5.900% |
| Monthly Tax Payment | $402 | $402 | $402 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,895 | $1,971 | $2,603 |
| Total Monthly Payment | $2,372 | $2,448 | $3,080 |
* 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.