Waterfront modern building located in the Heart of the Miami Bay, North Bay Village. This modern architectural gem offers 15 two-story units, crowned by a spectacular penthouse boasting unobstructed panoramic views of Biscayne Bay. Amidst a wave of development, including a Ritz Carlton Residences coming next door, North Bay Village is emerging as one of the most desirable locations in Miami-Dade, ideally positioned between Miami and Miami Beach. Property features all floor-to-ceiling windows, 20 foot ceilings in each residence, with spectacular water views in each unit. 34-space covered parking spaces and two elevators. The building offers investor flexibility, allowing to lease the units immediately, and sell off individually at any time as the area is appreciating by the day!
7939 East Dr, North Bay Village, FL, 33141
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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