|
|
BEST LINE IN THE BUILDING – Pool Cabana Included!
Savor true oceanfront living in this spacious 2BD + Den | 2BA split floor plan residence, offered in move-in condition. Featuring impact glass windows and sliding doors with window treatments, marble floors throughout, quartzite countertops in the kitchen and baths, Viking appliances, and walk-in closets in both bedrooms with abundant storage.
Enjoy private direct ocean and boardwalk access and walk to South Beach, Lincoln Road, Ocean Drive, Miami Beach Convention Center, the newly extended pedestrian walkway, and world-renowned destinations including Faena District, 1 Hotel, Edition, and W Hotel—surrounded by fine dining and vibrant SoBe entertainment.
Full-service building amenities include 24-hour concierge & security, heated pool, gym, sauna, playroom, party/social rooms, laundry per floor, guest parking, and 1 assigned parking space. Quarterly maintenance covers WiFi, cable, hot/cold water, and extermination service.
Perfect as a full-time residence or luxury beach retreat. MUST SEE!
Included in the sale is Cabana #6, a quarterly cabana fee of $29. 95 (184 SF | Folio #02-3226-004-2660). The property also includes one assigned parking space and one storage unit. Oceanfront building with amenities and located near dining, shopping, and entertainment.
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:
$1,200,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $960,000 | $960,000 | $960,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.263% | 6.259% | 6.223% |
| Monthly Tax Payment | $1,538 | $1,538 | $1,538 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,602 | $5,833 | $8,101 |
| Total Monthly Payment | $7,265 | $7,496 | $9,764 |
* 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.