Step inside this beautiful Penthouse in the center of Merrick Park! Expansive 3 bedrooms, 3 and a half baths. Seller has spared no expense upgrading the unit. TWO parking spaces, & your own very large STORAGE room directly across the hallway. Laundry room is fully built out with the highest finishes and new washer and dryer. All interior walk in closets are built out, electric shades on all windows, Restoration Hardware lighting fixtures throughout. PH912 also features a terrace measuring almost 400 sqft w/magnificent views overlooking Merrick Park & the Coral Gables skyline. State of the art kitchen consists of contemporary design cabinets, built-in Bosch appliances, white quartz countertops, white quartz waterfall island, & Grohe and Duravit fixtures. Live in the center of Merrick Park!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,599,999
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 | $1,279,999 | $1,279,999 | $1,279,999 |
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 | $1,657 | $1,657 | $1,657 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,196 | $8,302 | $11,238 |
Total Monthly Payment | $9,978 | $10,084 | $13,020 |
* 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.