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Presented by
Linda Edelwich - Linda Edelwich Team |
4582 Royal Palm Ave, Miami Beach, FL, 33140 | $1,699,999
Located in the highly desirable Nautilus neighborhood, a rare opportunity to secure an oversized 8, 475 sq ft corner lot just minutes from the world-famous beaches of Miami Beach. Currently a 2-bedroom, 2-bathroom home with a detached two-car garage, the property is a true fixer-upper and ideal candidate for redevelopment. Surrounded by newly built luxury residences and custom estates, this lot offers the perfect canvas to design and build a stunning new mansion in one of Miami Beach’s most sought-after residential pockets. Enjoy an unbeatable location near the Atlantic shoreline, Biscayne Bay, and premier lifestyle destinations. Just minutes from Miami Beach Golf Club, top-rated schools, as well as the shopping, dining, and nightlife of Mid-Beach and South Beach, this property combines tranquil residential living with exceptional accessibility. With close proximity to major routes connecting to Downtown Miami and beyond, this is a prime opportunity to build new in a location where demand and value continue to rise.
Features
- Bedrooms: 2
- Baths: 2 full
- Style: One Story
- Year Built: 1951
- Garage: 1-car Driveway,Detached,Garage,Other
- Heating: Central
- Cooling: Central Air,Ceiling Fan(s)
- Approx Sq. Feet: 1,864
- Est. Taxes: $4,271
- Lot Desc: < 1/4 Acre
- View: None
- Elem. School: North Beach
- Middle School: Nautilus
- High School: Miami Beach
- Appliances: Electric Range,Electric Water Heater,Refrigerator
- MLS#: A11971431
- Days on Market: 8 days
- Website: https://www.raveis.com
/eprop/A11971431/4582royalpalmave_miamibeach_fl?source=qrflyer
William Raveis Family of Services
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.
Linda Edelwich - Linda Edelwich TeamSales Vice President
860.818.3610
Linda.Edelwich@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Russell BaboffVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1014636
860.463.1745
Russell.Baboff@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Brian KellyInsurance Sales Director, William Raveis Insurance
860.655.6934
Brian.Kelly@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
4582 Royal Palm Ave, Miami Beach, FL, 33140
$1,699,999
Linda Edelwich - Linda Edelwich Team
Sales Vice President
William Raveis Real Estate
Phone: 860.818.3610
Linda.Edelwich@raveis.com
Russell Baboff
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 860.463.1745
Russell.Baboff@raveis.com
NMLS Mortgage Loan Originator ID 1014636
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,359,999 | $1,359,999 | $1,359,999 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.875% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.154% | 6.031% | 5.991% |
| Monthly Tax Payment | $356 | $356 | $356 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,722 | $8,045 | $11,294 |
| Total Monthly Payment | $8,203 | $8,526 | $11,775 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388