Great Opportunity to own, live or rent a beautiful studio at the very chic Mondrian Hotel. Excellent for investors.Enjoy the privilege of an exclusive 5-star hotel. Fully furnished by Marcel Wanders, the building features a SunsetBar, 2 swimming pools, Fitness Center, SPA, 24hr room service, and a marina. The hotel recently underwent a$20M renovation. AirB&B approved, it is the perfect investor opportunity. The unit is in the condo hotel program giving the advantage of a great income
Garage:
1-car Attached, Garage, One Space
Heating:
Central, Electric
Cooling:
Central Air, Electric
Common Charge:
$1,300 Monthly
Amenities:
Cabana, Fitness Center, Pool, Sauna, Spa/Hot Tub, Elevator(s)
Pet Policy:
Conditional, Yes
Appliances:
Electric Range, Microwave, Refrigerator
1100 West Ave, #419, Miami Beach, FL, 33139
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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