Presented by
The Magyar Team |
Opportunity awaits in the desirable 55+ community in Aventura. This 1-bedroom, 1-bath first-floor condo offers beautiful water views of Maule Lake and the rare convenience of parking directly in front of the unit, making daily living easy and accessible. The unit features a screened balcony overlooking the lake, perfect for enjoying peaceful waterfront views and is an excellent value-add opportunity to customize to your taste or improve long-term equity. Ideal for buyers seeking a well-priced entry into a waterfront Aventura community. Point East is a gated, active 55+ community offering weekly social events and amenities including a heated pool, fitness center, and sauna. The location is hard to beat—walking distance to shopping and supermarkets, minutes from Aventura Mall, close to the Brightline, and conveniently located between Miami International Airport and Fort Lauderdale-Hollywood International Airport. This property represents a compelling opportunity for a primary residence or seasonal retreat in one of Aventura’s most established and engaging 55+ communities.
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Our Executive Mortgage Banker:
Our Insurance Division:
$135,000
Luxury Properties Specialist
William Raveis Real Estate
Phone: 203.912.7800
TheMagyarTeam@Raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.952.8600
Joseph.Mollica@raveis.com
NMLS Mortgage Loan Originator ID 130058
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $108,000 | $108,000 | $108,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | $194 | $194 | $194 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $665 | $682 | $897 |
| Total Monthly Payment | $934 | $951 | $1,166 |
* 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.