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Looking for a 2-bed condo in Miami under $350K with space, upgrades, and location? This 2-story unit in Park East Condominiums offers 1, 196 sq ft, a renovated kitchen with stainless steel appliances, private balcony, and in-unit laundry, all minutes from Miami International Airport, Florida International University, and Dolphin Mall. Special assessment FULLY PAID by seller in 2025. First assessment for the community, no current balance.
Welcome to this well-maintained 2-bedroom, 2-bath condo offering a spacious two-story layout designed for comfortable living. The main level features an open and generous living area that flows seamlessly to a private balcony, perfect for relaxing or entertaining. The upgraded kitchen is equipped with stainless steel appliances and modern finishes, complemented by tile flooring throughout the entire unit for easy maintenance and a clean aesthetic.
Upstairs, enjoy added privacy with both bedrooms along with a convenient in-unit washer and dryer. The home also includes multiple storage closets and the rare benefit of three parking spaces. Located within the gated Park East Condominiums community, residents enjoy 24-hour security along with resort-style amenities including two pools, tennis courts, a clubhouse, and sauna.
Built in 1972 with a low monthly HOA of $397, this centrally located property offers quick access to major highways, shopping, dining, and key Miami destinations. Offered at $325, 000.
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Our Executive Mortgage Banker:
Our Insurance Division:
$325,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $260,000 | $260,000 | $260,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.625% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.609% | 6.887% | 6.078% |
| Monthly Tax Payment | $323 | $323 | $323 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,601 | $1,665 | $2,177 |
| Total Monthly Payment | $1,999 | $2,063 | $2,575 |
* 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.