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The Standard Residences, Midtown Miami | Best Priced Studio with 10' Ceilings
Experience Miami’s first true pied-à-terre at The Standard Residences. This brand-new, designer studio offers the best priced entry point into Midtown’s most anticipated lifestyle building. Inspired by the vibe of New York’s SoHo and infused with the "anything-but-standard" ethos of the iconic hotel brand, this residence stands out with extra 10' ceiling heights surpassing the building's standard 9' floors to create a significantly more expansive and airy feel. Move-in ready and filled with natural light, the home features a high-end ItalKraft kitchen, a modern double-shower bathroom, and a private balcony to soak in the urban energy.
Living here provides access to over 34, 000 square feet of curated amenities, including a world-class rooftop pool deck, state-of-the-art fitness center, and a dedicated pickleball court. Perfectly positioned in Miami’s most pedestrian-friendly neighborhood, you are moments away from Trader Joe’s, the brand-new Whole Foods, and the high-fashion blocks of the Design District. The building's flexible 30-day minimum stay rental policy (up to 12 times per year) allows you to maximize your unit’s potential while you’re away. Live the Standard and own the heart of the Midtown lifestyle.
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:
$525,000
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 | $420,000 | $420,000 | $420,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.750% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.634% | 6.890% | 6.078% |
| Monthly Tax Payment | $0 | $0 | $0 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,586 | $2,724 | $3,516 |
| Total Monthly Payment | $2,678 | $2,816 | $3,608 |
* 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.