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Charming 1-Bedroom Residence in Desirable 55+ Community
Discover this inviting 1-bedroom, 1-bathroom condo located in a well-maintained 55+ community in the heart of North Miami Beach. This bright and comfortable residence offers relaxing garden and pool views, creating the perfect setting for peaceful South Florida living.
The unit features a practical layout with abundant natural light and access to community amenities designed for comfort, convenience, and an active lifestyle. One of its most attractive highlights is the exceptionally low HOA fee, considered one of the most competitive maintenance costs in North Miami Beach, offering remarkable value for homeowners and seasonal residents alike.
Ideally situated near some of the area’s most convenient and desirable destinations, residents enjoy quick access to Aventura Mall, Greynolds Park, Sunny Isles Beach, Oleta River State Park, and the vibrant dining and shopping options along Biscayne Boulevard. Everyday essentials, grocery stores, pharmacies, and medical centers are all just minutes away.
With its unbeatable combination of affordability, location, lifestyle, and low carrying costs, this is an excellent opportunity to own in one of North Miami Beach’s most accessible 55+ communities.
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:
$93,900
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 | $75,120 | $75,120 | $75,120 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.500% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.375% | 6.638% | 5.972% |
| Monthly Tax Payment | $42 | $42 | $42 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $463 | $475 | $624 |
| Total Monthly Payment | $580 | $592 | $741 |
* 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.