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This thoughtfully designed 2-Bed, 2-Bath unit at Douglas Place offers a comfortable, well-designed layout in one of Miami’s most convenient neighborhoods. At 1, 100 square feet of interior space, you’ll find ceramic flooring throughout, a functional large primary bath with dual sinks, soaking tub and bidet, and more. . . The open balcony and extra large impact-glass windows throughout bring in plenty of natural light, provide peace of mind and noise reduction. In-unit oversized washer and dryer for everyday convenience, and a covered assigned parking space ensures effortless living. The building maintains common amenities including a pool, fitness center, and community room. Designated parking available for your guests. Perfectly positioned in the heart of Coral Gables, walking distance to Downtown Coral Gables and Miracle Mile, near Coconut Grove, and Brickell - where fine dining, cultural attractions, and Miami’s vibrant lifestyle await just minutes away. A solid choice for anyone looking for a practical, well-located condo or a smart investment.
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Our Executive Mortgage Banker:
Our Insurance Division:
$459,000
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 |
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|---|---|---|---|
| Loan Amount | $367,200 | $367,200 | $367,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.615% | 5.952% |
| Monthly Tax Payment | $618 | $618 | $618 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,199 | $2,319 | $3,049 |
| Total Monthly Payment | $2,892 | $3,012 | $3,742 |
* 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.