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Offered for the first time in 3 generations, this lovingly maintained Normandy Isles residence presents a rare opportunity to own a true legacy property in one of Miami Beach's most desirable residential enclaves. Situated a block from the neighborhood park and community pool, this 3/2h home offers a spacious split-bedroom floor plan. Pristine condition featuring expansive living and dining areas with abundant natural light, Large primary suite with walk-in closet, Generously sized secondary bedrooms, Bright kitchen with ample cabinetry, Hardwood floors adding warmth and character. This home has been exceptionally cared for, with key upgrades already in place: Hurricane impact windows, Whole-house generator, Tankless water heater, and a the rear flat roof is being installed. Key Features 3 Bedrooms | 2 Bathrooms ~1, 784 SF Living Area | ~2, 100+ Total SF Lot: 6, 943 SF Built: 1950 (effective 1955) Single-story layout Hurricane impact windows Whole-house generator (2021) Tankless water heater Garage + driveway No HOA Flood Zone AE
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$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 | $760,000 | $760,000 | $760,000 |
| 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% | 6.164% |
| Monthly Tax Payment | $1,170 | $1,170 | $1,170 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,435 | $4,618 | $6,413 |
| Total Monthly Payment | $5,697 | $5,880 | $7,675 |
* 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.