|
|
2534 Flamingo Drive offers a rare opportunity to own a classic architectural gem on coveted Flamingo Drive with beach access, nearly complete and ready for a buyer to bring their final vision to life. Offered as-is in its current stage, the residence includes a curated selection of premium materials and essential groundwork already in place, creating a refined foundation for a buyer to complete the final details to their own taste.
Set on an expansive lot with a gated circular driveway, this 4 bedroom, 4 bath residence features a poolside guesthouse with a separate bedroom, bath and kitchen, along with a large heated pool and spa surrounded by lush landscaping and soaring palm trees. Elevated materials include honed Roman Travertine, chevron oak hardwood flooring, designer lighting selections, and other thoughtfully considered finishes, offering the framework for a custom-tailored Miami Beach residence.
Perfectly positioned near a footbridge providing direct access to the water, as well as top hotels, shops, and restaurants, 2534 Flamingo Drive presents a singular opportunity to complete a one-of-a-kind home in one of Miami Beach’s most sought-after neighborhoods. Photos are from previous listing.
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed.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:
$6,300,000
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
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $5,040,000 | $5,040,000 | $5,040,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.263% | 6.121% | 6.183% |
| Monthly Tax Payment | $6,218 | $6,218 | $6,218 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $29,412 | $30,217 | $42,530 |
| Total Monthly Payment | $35,755 | $36,560 | $48,873 |
* 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.