|
|
Wake up to breathtaking, unobstructed ocean views from every room in this direct oceanfront 2-bedroom, 2-bath residence featuring two private balconies and an incredible value rarely found on Miami Beach. Filled with abundant natural light, this unit offers the perfect opportunity to enjoy the ultimate South Florida coastal lifestyle at an exceptional price point.
Ideally located with easy access to everything Miami Beach has to offer, including world-famous South Beach nightlife, dining, shopping, and entertainment. Whether you’re looking for a primary residence, vacation getaway, or investment opportunity, this property delivers both location and lifestyle.
The full-service building offers an impressive array of amenities, including a 24-hour front desk attendant, security, valet parking, fitness center (currently under construction), social rooms, on-site deli, and relaxing oceanfront gazebos. Step outside and enjoy the boardwalk and pristine beach just steps from your door—your backyard is the Atlantic Ocean.
Peace of mind comes with the building having already completed its 40/50-year recertification, with all required work and improvements finished.
Don’t miss this rare opportunity to own direct oceanfront living in Miami Beach at an unbeatable value.
**Currently tenant occupied. Minimum 24-hour notice required through SHOW TIME. Tenant has been notified of the 60-day vacate requirement under the executed contract. ****
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:
$949,000
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 | $759,200 | $759,200 | $759,200 |
| 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 | 6.251% | 6.235% | 6.183% |
| Monthly Tax Payment | $1,052 | $1,052 | $1,052 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,430 | $4,613 | $6,407 |
| Total Monthly Payment | $5,574 | $5,757 | $7,551 |
* 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.