9180 W Bay Harbor Dr, #5C, Bay Harbor Islands, FL, 33154 | $675,000

CASH ONLY Spectacular Waterfront Boutique Condo overlooking Bay Harbor Islands , Indian Creek golf course and the waterways. Unit offers 2 bedrooms, 2 bath with a balcony totaling 1540 sq ft. with tile floors, Open and bright kitchen with stainless steel appliances, large closet space. Amenities include pool, gym and guest parking at the front of the building. Bay Harbor Islands is a walking neighborhood with A-rated K-8 school, world known Bal Harbor shops and their own police dept. Feel at home the minute you come in!!!

Building undergoing renovations. No renting the 1st year. This price includes $110k of assessments that will be paid off at closing by the seller for the 40 year certification.
Temporary monthly insurance $345 in addition to hoa

Features

  • Heating: Central
  • Cooling: Central Air
  • Levels: 5
  • Amenities: Elevator(s),Fitness Center,Pool
  • Bedrooms: 2
  • Baths: 2 full
  • Complex: BAY ROC CONDO
  • Year Built: 1970
  • Common Charge: $711 Monthly
  • Approx Sq. Feet: 1,540
  • Est. Taxes: $5,924
  • View: Bay,Canal
  • Water Front: Yes
  • Pets Allowed: Yes
  • Pet Policy: Conditional,Yes
  • Appliances: Dishwasher,Electric Range,Microwave,Refrigerator
  • MLS#: A11479250
  • Days on Market: 42 days
  • Website: https://www.raveis.com
    /prop/A11479250/9180wbayharbordr_bayharborislands_fl?source=qrflyer
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Listing courtesy of Oceanica Real Estate, LLC   Phone: 786-270-1743

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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

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9180 W Bay Harbor Dr, #5C, Bay Harbor Islands, FL, 33154

$675,000

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 $540,000 $540,000 $540,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.500% 6.490% 5.490%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.490% 6.654% 5.752%
Monthly Tax Payment $494 $494 $494
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,413 $3,410 $4,409
Total Monthly Payment $3,999 $3,996 $4,995

* 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.