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Enjoy tranquil views of the resort-style amenities deck and abundant natural light in this ideally situated 1-bedroom, 1. 5-bath residence at Sailboat Cay in North Miami. Perched on the 5th floor, this bright and inviting home offers a seamless blend of comfort and convenience, featuring a spacious primary suite with an en-suite bath, walk-in and built-in closets, and a floor-to-ceiling window overlooking the beautifully landscaped amenity area. A convenient half-bath provides added functionality for guests, while the generously sized kitchen features granite countertops and a pass-through opening that makes entertaining effortless. Ideally positioned to enjoy the best of South Florida living, the residence is conveniently located near Flanigan's, Publix, Costco, and the UHealth Medical Center at Sole Mia, with world-class shopping, dining, and entertainment just minutes away in Aventura and Bal Harbour. Sunny Isles Beach, Haulover Beach, Oleta River State Park, marinas, waterfront dining, and countless outdoor recreation opportunities are all within easy reach. Whether you're seeking a full-time residence, seasonal retreat, or investment opportunity, this home offers an exceptional combination of comfort, convenience, and location. Please note: the building and amenity areas are currently undergoing renovations and improvements.
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Our Executive Mortgage Banker:
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$1,650
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 | $1,320 | $1,320 | $1,320 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.230% | 6.512% | 5.866% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $8 | $8 | $11 |
| Total Monthly Payment | $83 | $83 | $86 |
* 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.