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**JUST REDUCED**This Remodeled 2-Bedroom, 2-Bathroom Condominium with Intracoastal Views** IS A MUST SEE **with LOW HOA fees and is priced to sell quick! Owner is motivated! It offers the perfect blend of modern and serene coastal living. Located just two blocks from the Beach & Parks, it provides easy access to the golden sands and sparkling waters while offering a peaceful retreat overlooking the picturesque Intracoastal Waterway. It has a spacious and bright open floor plan. The living area is bathed in natural light, thanks to large windows and sliding glass doors that lead out to not one, but Two private balconies, each offering breathtaking views of the water. Close to Bal Harbour Shops & Restaurants. Location has easy access to all Airports. The kitchen has quartz countertops & Stainless steel appliances, custom cabinetry that offers both beauty and practicality. The master suite offers a private en-suite bathroom, elegantly remodeled with modern fixtures and a luxurious walk-in shower. The second bathroom is equally impressive, with contemporary finishes. The parking is covered and gated and it comes with a small storage.
**This condominium is doing the 40 yr recertification** which includes a new roof, new elevator, & painting of the entire bldg. the Owner will pay for ALL the Special Assessments** Whether you’re looking for a peaceful getaway or a permanent residence, this property offers everything you could ever want at an affordable price for Miami Beach.
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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$489,600
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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $391,680 | $391,680 | $391,680 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.395% | 6.557% | 5.990% |
| Monthly Tax Payment | $547 | $547 | $547 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,348 | $2,444 | $3,226 |
| Total Monthly Payment | $2,970 | $3,066 | $3,848 |
* 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.