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Experience elevated, effortless bayside living at gorgeous Park Grove in the coveted Club Residences Tower. This luxuriously finished 1-bdrm/1-bath residence offers sweeping, unobstructed views of Biscayne Bay & a prestigious Bayshore address. Sophisticated interiors featuring 10-ft ceilings & ceramic floors seamlessly blend contemporary design w/modern luxury. Floor-to-ceiling glass walls frame breathtaking water vistas from every principal room, illuminating the thoughtfully laid-out space w/natural light. Open-concept living & dining areas flow into a sleek eat-in kitchen appointed w/premier Italkraft cabinetry, stone countertops, top-tier appliances & a marble island. The spacious bdrm is a tranquil retreat overlooking the bay to the far SE horizon. A gracious, spa-inspired marble bath opens to both the bdrm & hall. Plus: office nook, dedicated laundry & strategic storage. Sip coffee or cocktails on the oversized terrace that spans social spaces & the bdrm. Swim in Tower 3’s private rooftop pool; detox in its new infrared sauna. Enjoy Park Grove’s other world-class amenities that include 24-hour concierge/valet services, a state-of-the-art fitness center & spa, private dining & entertaining venues, wine storage, screening room & lush gardens. Walk to parks, casual cafés, Michelin-star restaurants, upscale shopping, theaters, galleries & more. 5 mins to Brickell, 20 to airport. The ultimate Coconut Grove lifestyle in one of Miami’s most highly desirable bayside residences.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,350,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,080,000 | $1,080,000 | $1,080,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.277% | 6.110% | 6.183% |
| Monthly Tax Payment | $1,188 | $1,188 | $1,188 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,389 | $6,475 | $9,114 |
| Total Monthly Payment | $7,702 | $7,788 | $10,427 |
* 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.