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NEW ULTRA MODERN CONSTRUCTION IN BISCAYNE PARK TO BE COMPLETED IN OCTOBER 2026! This property will feature 6 bedrooms + 6 baths, a pool patio w/detached cabana, outdoor kitchen, enclosed garden, covered porch & several open-air balconies with 4, 530 sq ft under air & 8, 465 sq ft of total construction. Private driveway + 2-car garage with space for lifts in a gated 10, 875 square foot landscaped lot. Swedish oak hardwood floors & Spanish porcelain tile throughout. Gourmet kitchen with Namibia White Quartz countertops, Eurodesign Italian cabinetry with German Blum self-closing hardware. Top-of-the-line kitchen appliances of the client’s choosing may still be selected!! All bathrooms will feature Grohe fixtures & Toto smart toilets. Kitchen + living areas wrap around the pool patio + cabana with telescopic glass doors for a tropical South Florida living experience. Home will be wired for Sonos with installed speakers & camera system throughout + automated shades and built-out closets. Construction features include double roof insulation, tankless water heaters & ES hurricane impact-resistant windows. ACT FAST TO STILL SELECT FINISHING TOUCHES & ENJOY THIS GORGEOUS PROPERTY BY YEAR’S END!
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Our Executive Mortgage Banker:
Our Insurance Division:
$5,950,000
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 | $4,760,000 | $4,760,000 | $4,760,000 |
| 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 | 6.300% | 6.235% | 6.164% |
| Monthly Tax Payment | $364 | $364 | $364 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $28,157 | $28,922 | $40,168 |
| Total Monthly Payment | $28,646 | $29,411 | $40,657 |
* 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.