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High-end modern REMODELED high floor corner residence with breathtaking ocean and city views from the best location and neighborhood in Miami Beach; South of Fifth. 3 bedroom residence converted to a 2-bedroom to create a more expansive living area with panoramic views; and can easily be converted back to its original floor plan. Spacious living room with an abundance of natural light and a massive terrace. UPGRADED IMPACT WINDOWS & SLIDING DOORS. Open kitchen with an expansive island and additional seating, high end appliances, and breakfast area with sunset views. Well appointed bedrooms all with stunning ocean views. South Pointe Tower has just completed a building-wide transformation, elevating the lifestyle to 5 star resort standards. Amenities include two newly renovated resort-style pools with jacuzzis and cabanas, tennis, pickleball & basketball courts, BBQ areas, serenity garden with putting greens & fire pit, kids playground, dog park, expansive great lawn, new fitness center and new arrival experience with new driveway and valet porte cochere. Full-service building. A rare opportunity South of Fifth where you can walk to dozens of 5 star restaurants, steps to the ocean, Miami Beach Marina, and waterfront parks.
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:
$2,350,000
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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,880,000 | $1,880,000 | $1,880,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.289% | 6.235% | 6.183% |
| Monthly Tax Payment | $2,653 | $2,653 | $2,653 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $11,121 | $11,423 | $15,865 |
| Total Monthly Payment | $13,899 | $14,201 | $18,643 |
* 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.