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Welcome to Unit #2 at 500 77th Street — a beautifully appointed 1-bedroom, 1-bathroom residence offering 738 square feet of thoughtfully designed living space in one of Miami Beach's most beloved neighborhoods. Impact windows and front door. Nestled in a meticulously maintained boutique building, this intimate community delivers the rare combination of pride-of-ownership living and an unbeatable South Florida lifestyle.
Step outside and find yourself in the authentic, local energy that defines North Beach — a true stronghold for locals, where residents stroll the ocean boardwalk, gather at Oceanside Park, and enjoy the cultural heartbeat of the Normandy Fountain area with its weekly farmers' markets and vibrant dining scene. Reflecting the rich Argentine character of the neighborhood, the surrounding streets offer a genuinely cosmopolitan daily life that Miami Beach's more crowded corridors simply cannot replicate.
The building itself mirrors the quiet sophistication of the area — a boutique structure with well-kept common areas and the kind of attentive upkeep rarely found at this price point. Minutes from Bal Harbour Shops, top-rated restaurants, and world-famous beaches, this residence is equally compelling as a primary home, vacation retreat, or savvy investment. With North Beach's ongoing revitalization bringing new energy and value to the corridor, the timing couldn't be better.
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:
$249,900
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 | $199,920 | $199,920 | $199,920 |
| 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 | $283 | $283 | $283 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,231 | $1,297 | $1,674 |
| Total Monthly Payment | $1,589 | $1,655 | $2,032 |
* 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.