West-facing, luxury waterfront offering breathtaking sunsets and Miami's skyline views over Biscayne Bay! Built in 2022, this home features living room with soaring double height ceilings and floor-to-ceiling windows allowing natural light in, gourmet kitchen, bayfront primary suite with walk-in closets, 5 guest beds with ensuite baths. Equipped with a pool, summer kitchen, new seawall, 2-car garage, large terraces, rooftop, and dock with 60-ft frontage - this home is ideal for luxe waterfront living. North Bay Village is its own municipality, and the hottest up-and-coming area with a unique central location. A colossal, 13-acre, mixed use development by Sunbeam Properties is set to transform the area with its office and retail space, residential units, hotel space, public areas.
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Our Executive Mortgage Banker:
Our Insurance Division:
$8,250,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $6,600,000 | $6,600,000 | $6,600,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.864% | 6.810% |
Monthly Tax Payment | $2,769 | $2,769 | $2,769 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $42,261 | $42,807 | $57,948 |
Total Monthly Payment | $45,155 | $45,701 | $60,842 |
* 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.