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Located on the 6th floor, this brand-new, fully furnished 2-bedroom, 2-bath residence at NoMad Residences Wynwood offers the perfect blend of luxury, flexibility, and investment potential. This ADA-compliant residence includes all of the premium features found in the building’s standard residences, along with valuable upgrades such as motorized (electric) window shades, providing added comfort and convenience. The home also features Bosch appliances, imported Italian cabinetry, stone countertops, floor-to-ceiling impact glass, a private balcony, and an in-unit washer and dry. This unit is not enrolled in the building’s management program, giving the new owner complete flexibility to self-manage or choose their preferred management company. Daily short-term rentals are permitted, making this an excellent opportunity for both personal use and investment. NoMad Residences Wynwood offers an exceptional blend of luxury, flexibility, and investment potential in one of Miami’s most vibrant neighborhoods. Residents enjoy world-class amenities, including a rooftop resort-style pool, fitness and wellness center, co-working spaces, 24-hour concierge, valet service, and exclusive hospitality-inspired services. The building is approved for daily short-term rentals, making it an ideal choice for both investors and those seeking a luxury residence with income-generating potential.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,230,000
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 | $984,000 | $984,000 | $984,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.275% | 6.223% | 6.183% |
| Monthly Tax Payment | $0 | $0 | $0 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,742 | $5,979 | $8,304 |
| Total Monthly Payment | $5,867 | $6,104 | $8,429 |
* 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.