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Now Completed!! Welcome to 503 Palm Drive, a spectacular brand new waterfront estate in the prestigious guard-gated community of Golden Isles in Hallandale Beach. Perfectly positioned on a 15, 000 SF lot with 135 FT of prime direct Intracoastal frontage, this residence offers an exceptional 7, 250 SF of luxurious living space. Crafted with exquisite Italian finishes throughout, the home features elegant porcelain flooring on the main level and rich oak wood floors upstairs. A private elevator seamlessly connects all levels. Offered fully furnished turnkey with curated designer pieces and fully built-out closets throughout, this home is truly move-in ready. The thoughtfully designed layout includes 7 spacious bedrooms, 7 bathrooms, a private VIP office, dedicated massage room and as spacious two-car garage with high ceilings suitable for a lift system. Step outside to a spectacular waterfront backyard featuring a resort-style pool, expansive lounge areas to relax and soak up the sun, and plenty of space for entertaining and outdoor enjoyment. A brand new concrete dock fully equipped for yacht enthusiasts completes this exceptional outdoor setting. Ideally located between Miami Beach and Fort Lauderdale, just minutes from Aventura Mall, Gulfstream Park, and top A-rated schools. This is the best value in South Florida, be the first to live in this brand new modern gem and enjoy front row seats to every boat in Miami
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:
$10,990,000
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 | $8,792,000 | $8,792,000 | $8,792,000 |
| 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 | $3,848 | $3,848 | $3,848 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $52,008 | $53,421 | $74,192 |
| Total Monthly Payment | $55,981 | $57,394 | $78,165 |
* 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.