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Presented by
Kathy Cyrier |
Experience the South of Fifth lifestyle at Portofino Tower. This spacious 3-bedroom, 2. 5-bath residence offers 2, 670 SF total, including two private terraces with breathtaking views of the Atlantic Ocean, Fisher Island, Government Cut, and Miami skyline. Elegant marble floors, a gourmet kitchen with stainless steel appliances, and a split floor plan with semi-private foyer complement the open, light-filled great room with floor-to-ceiling glass doors. The unit is in excellent condition and ready for a buyer to add their personal touches, making it a rare opportunity to create a custom luxury residence. Portofino Tower features include a 28th-floor fitness center & spa, two resort-style pools, tennis courts, dog park, 24-hour concierge, valet, updated lobby, elevators, and Porte Cochere entrance. Steps from South Pointe Park, the marina, and world-class dining such as Carbone, Prime 112, and Joe's Stone Crab. A rare chance to own a prime waterfront residence in one of Miami Beach’s most coveted locations. This Portofino Tower residence includes two parking spaces: one dedicated self-parking and one valet. Residents enjoy the convenience and security of both options. The building offers resort-style amenities including a state-of-the-art fitness center and spa, two pools with sun decks, tennis courts, 24-hour concierge, valet, and security. Located in the heart of South of Fifth, steps from the beach, South Pointe Park, marina, and world-class dining. A rare opportunity to lease an unfurnished 3-bedroom residence with spectacular views of Fisher Island, the ocean, South Beach, and downtown Miami.
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed.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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,850,000
Luxury Properties Specialist
William Raveis Real Estate
Phone: 978.852.5811
Kathy.Cyrier@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 978.314.1072
Joanne.OKeefe@raveis.com
NMLS Mortgage Loan Originator ID 38342
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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 | $2,280,000 | $2,280,000 | $2,280,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.251% | 6.121% | 6.183% |
| Monthly Tax Payment | $3,491 | $3,491 | $3,491 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $13,305 | $13,670 | $19,240 |
| Total Monthly Payment | $16,921 | $17,286 | $22,856 |
* 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.