|
|
Move into a true urban living experience at Douglas Place Condominium, ideally situated in the center of Miami just minutes from Downtown, Miami Beach, and major expressways. Supermarkets and daily conveniences are within walking distance, offering exceptional accessibility with neighborhood comfort. This residence offers one of the best views in the building, stretching from West to East, where you can enjoy both stunning sunrises and sunsets.
Inside, the apartment is exceptionally bright, with natural light filling every room. The functional, welcoming layout is enhanced by brand-new appliances, including a new washer and dryer in the unit. Two assigned garage parking spaces add rare convenience and value.
Built in the 2000s, Douglas Place is well maintained with a strong budget and solid RESERVES. The HOA is low, there are NO SPECIAL ASSESSMENTS, pets are welcome, and there are no rental restrictions. Among the amenities, residents enjoy a refreshing pool with a spacious deck and sunset views, a well-equipped gym overlooking the pool, and a conference room. The building community is close and welcoming, creating a true sense of home and peace.
This is your opportunity to own a beautiful condo in Miami and Douglas Place has it all; location, quality, and lifestyle all in one place!
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:
$428,000
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
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $342,400 | $342,400 | $342,400 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.625% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.609% | 6.887% | 6.078% |
| Monthly Tax Payment | $123 | $123 | $123 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,108 | $2,192 | $2,866 |
| Total Monthly Payment | $2,306 | $2,390 | $3,064 |
* 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.