1861 NW SOUTH RIVER DRIVE, #1609, Miami, FL, 33125 | $389,000

AMAZING RIVER VIEW FROM THIS HIGH RISE CONDO. RIVER FRONT TOWER, UNIT HAS BEATIFULL LARGE PORCELAIN TILE FLOORS THROUGHOUT, MODERN KITCHEN WITH STAINLESS STEEL APPLIANCES. PRIMARY BEDROOM IS LARGE WITH LOTS OF CLOSET SPACE, WASHER AND DRYER IN THE UNIT. BALCONY WITH IMPACT GLASS AND VIEW OF THE POOL AND DOWNTOWN-RIVER THAT WILL NEVER GO AWAY. THIS CONDO IS LOCATED ON A GATED COMMUNITY, WITH ATTENDED LOBBY AND COVERED PARKING. UNIT COMES WITH ONE PARKING SPACE. CONDO FEES INCLUDE WATER INTERNET CABLE AND ALL AMENITIES

Features

  • Heating: Central,Electric
  • Cooling: Central Air,Electric
  • Levels: 24
  • Amenities: Clubhouse,Elevator(s),Fitness Center,Pool
  • Bedrooms: 2
  • Baths: 2 full
  • Complex: TERRAZAS RIVER PARK CONDO
  • Year Built: 2010
  • Common Charge: $1,220 Monthly
  • Approx Sq. Feet: 1,067
  • Est. Taxes: $5,300
  • View: Pool,River
  • Water Front: Yes
  • Pets Allowed: Yes
  • Pet Policy: Conditional,Yes
  • Appliances: Dryer,Dishwasher,Electric Range,Disposal,Microwave,Refrigerator,Washer
  • MLS#: A11475620
  • Days on Market: 367 days
  • Website: https://www.raveis.com
    /prop/A11475620/1861nwsouthriverdrive_miami_fl?source=qrflyer
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Listing courtesy of The Keyes Company   Phone: 305-594-2600

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

1861 NW SOUTH RIVER DRIVE, #1609, Miami, FL, 33125

$389,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $311,200 $311,200 $311,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.443% 7.133% 6.256%
Monthly Tax Payment $442 $442 $442
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,097 $2,068 $2,624
Total Monthly Payment $2,614 $2,585 $3,141

* 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.