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This expansive 4-bed/4. 5 bath residence offers and a huge terrace wraparound terrace with 9’6” depth and dramatic views of Biscayne Bay, 11’ ceilings, private elevator access, Jean-George designed kitchen with Gagganau suite of appliances including gas cooking and dedicated wine fridge. Interiors thoughtfully curated by Yabu Pushelberg, showcase a sophisticated selection of fine stone and wood finishes. A collaboration between Multi Michelin-starred über-chef Jean-Georges Vongerichten and Terra Group and Lion Development, Miami Tropic will be a 49-story luxury condominium with 338 residences with 1-4 bedroom floor plans, immersed with foliage and inspired by the tropical Miami landscape. Residents will have private access to over 80, 000 square feet of amenities on five floors, including a fully appointed wellness center offered by the Well, squash court, several pools, full-service poolside restaurant, spa with treatment rooms, hot and cold plunges, several coworking and entertainment spaces. 49th floor rooftop amenity level with an additional pool, private dining rooms, bar, and lounge. 29, 000 square feet of ground-level retail will include the trilogy of Vongerichten’s ABC restaurants: Kitchen, Cocina and V. Located in the Midtown/Design District neighborhood, Miami’s most innovative neighborhood for fashion, design, art, architecture & dining. Estimated completion in Q1, 2029.
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Our Executive Mortgage Banker:
Our Insurance Division:
$4,773,000
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 | $3,818,400 | $3,818,400 | $3,818,400 |
| 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% | 6.203% |
| Monthly Tax Payment | $0 | $0 | $0 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $22,283 | $22,893 | $32,222 |
| Total Monthly Payment | $22,408 | $23,018 | $32,347 |
* 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.