8701 Collins Avenue, #803, Miami Beach, FL, 33154 | $11,500

Rare Find! Be one of the few to dwell at 87 Park, Renzo Piano's architectural masterpiece. Enjoy unobstructed ocean view. Beautifully appointed one bedroom, furnished in European style and with a Grand Piano that can be removed for additional space. Spacious 850 SF under A/C, accesible by private elevator, with a splendid 480 SF terrace with outdoor kitchen. 87 Park is a full-service building featuring a 2-acre resident’s private sculpture garden with 2 pools, poolside cabanas, access to the beach and the Boardwalk. Residents are provided with beach services, and can enjoy a gym with state-of-the-art equipment, spa with Hammam, sauna, steam rooms and private treatments rooms, 24-hr. concierge, valet and more. The lobby bar enoteca and poolside Fugo Bar, offer allow residents to enjoy lite meals and happy hour drinks on the premises.

Features

  • Type: Condominium
  • Amenities: Other, Fitness Center, Pool, Sauna, Spa/Hot Tub, Bar
  • Bedrooms: 1
  • Baths: 1 full / 1 half
  • Year Built: 2019
  • Garage: 1-car
  • Approx Sq. Feet: 851
  • View: Ocean
  • Adult Communities: Yes
  • Water Front: Yes
  • Elem. School: Ruth K. Broad Bay Harbor K-8
  • High School: Miami Beach
  • Pool: Heated, In Ground
  • Pet Policy: No
  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Other, Refrigerator, Washer
  • MLS#: A11968374
  • Website: https://www.raveis.com
    /prop/A11968374/8701collinsavenue_miamibeach_fl?source=qrflyer
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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.

Siobhan HunterSales Associate

508.259.3381

Siobhan.Hunter@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
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  • 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.

Scott PetersenVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 32556

339.224.0866

Scott.Petersen@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

Nicole DelaneyInsurance Sales Director, William Raveis Insurance

781.724.3515

Nicole.Delaney@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

8701 Collins Avenue, #803, Miami Beach, FL, 33154

$11,500

Siobhan Hunter

Sales Associate

William Raveis Real Estate

Phone: 508.259.3381

Siobhan.Hunter@raveis.com

Scott Petersen

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 339.224.0866

Scott.Petersen@raveis.com

NMLS Mortgage Loan Originator ID 32556

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $9,200 $9,200 $9,200
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% 6.652% 5.952%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $57 $58 $76
Total Monthly Payment $132 $133 $151

* 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.