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Fully furnished and available for annual lease, this exceptional 3-bedroom + den residence with 4. 5 bathrooms is located at the exclusive Fairchild Coconut Grove. Featuring over 11-foot ceilings, wide-plank wood flooring, an expansive open floor plan, a Poliform chef's kitchen with Wolf and Sub-Zero appliances, custom wet bar, spa-inspired bathrooms, and large private terraces, this turnkey home is thoughtfully designed for luxurious everyday living. Designed by renowned architect Max Strang, The Fairchild is an intimate boutique waterfront building with only 26 residences, offering an unmatched level of privacy and service. Residents enjoy 24-hour concierge, valet, security, a rooftop pool with cabanas, sunset terrace with BBQ areas, state-of-the-art fitness center, holistic wellness spa, hammam, steam room, sauna, and more. Two assigned parking spaces are included. Ideally located in the heart of Coconut Grove, just moments from the neighborhood's finest dining, shopping, marinas, parks, and top-rated schools.
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Our Executive Mortgage Banker:
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$24,000
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 | $19,200 | $19,200 | $19,200 |
| 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 | 6.358% | 6.640% | 5.952% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $115 | $121 | $159 |
| Total Monthly Payment | $190 | $196 | $234 |
* 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.