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Live the ultimate Miami loft lifestyle in this expansive 2BR/2BA residence at Neo Lofts ideally positioned along the Miami River with sweeping city and water views. This light filled industrial style loft features soaring ceilings polished concrete floors and oversized windows that flood the space with natural light creating a bright and airy urban feel. The spacious living and dining areas open to a covered balcony offering 180° views of the Brickell skyline south toward Coconut Grove and west across the city ideal for sunset watching and skyline views. The kitchen offers an open dining eat in bar stool island ideal for casual dining and entertaining. While recorded as a 2/2 the residence is currently configured as a large open loft providing a flexible blank canvas for a buyer to customize enclose bedrooms or create a personalized layout. This rarely available 09 line features a true square floor plan that is easier to furnish than the irregular layouts typical of Neo Lofts. Optimal mid tower location with only very few neighboring units offers added privacy. Aggressively priced with recent mirror image sale supporting value. Well maintained full service investor friendly building with low resale inventory reflecting strong owner hold. Maintenance fees are notably lower than comparable Brickell towers just minutes away. Prime location between Little Havana Brickell and Downtown with long term upside as Miami Dade continues to see in migration from major coastal markets.
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Our Executive Mortgage Banker:
Our Insurance Division:
$399,000
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 |
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|---|---|---|---|
| Loan Amount | $319,200 | $319,200 | $319,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.424% | 6.640% | 5.952% |
| Monthly Tax Payment | $549 | $549 | $549 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,939 | $2,015 | $2,651 |
| Total Monthly Payment | $2,563 | $2,639 | $3,275 |
* 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.