535 W 51st St, Miami Beach, FL, 33140 | $1,900,000

Exceptional opportunity to buy this mid century 3 bed & 2 bath home located in the highly sought after Lakeview neighborhood of Miami Beach. Features include, vaulted ceilings, custom built-ins, new 2021 A/C , 2019 roof, accordion shutters & updated plumbing. Garage was legally converted into a 1 bed & 1 bath space with its own private entrance. 6, 250 sf lot provides plenty of room for a swimming pool. Tremendous potential, update, expand, or rebuild; you can't go wrong. Property is surrounded by multimillion dollar homes, nestled between La Gorce Dr & Alton RD & within walking distance to Fisher Park. Excellent family neighborhood in Miami Beach's best school district. Superb location, minutes from the beach, country clubs, shopping, houses of worship, Miami airport & major highways.

Features

  • Bedrooms: 3
  • Baths: 2 full
  • Style: Detached,One Story
  • Year Built: 1939
  • Garage: Driveway
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,702
  • Est. Taxes: $3,708
  • Lot Desc: < 1/4 Acre
  • View: Garden
  • Elem. School: North Beach
  • Middle School: Nautilus
  • High School: Miami Beach
  • Appliances: Dishwasher,Refrigerator
  • MLS#: A11184594
  • Days on Market: 844 days
  • Website: https://www.raveis.com
    /eprop/A11184594/535w51stst_miamibeach_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MIAMI Association of REALTORS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing courtesy of Keller Williams Capital Realty   Phone: 305-662-7325

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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To learn more about our credentials, visit raveis.com today.

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
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

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
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

535 W 51st St, Miami Beach, FL, 33140

$1,900,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,520,000 $1,520,000 $1,520,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.625% 6.500% 6.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.209% 6.636% 6.684%
Monthly Tax Payment $309 $309 $309
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $9,733 $9,607 $13,241
Total Monthly Payment $10,167 $10,041 $13,675

* 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.