UNIQUE OPPORTUNITY in the Coral Gables market. Listed at a lower price than the other two bedrooms in this sophisticated building. This stylishly furnished 1100sf property offers 13-foot ceilings, two distinct balconies with additional 102sf of outdoor living space. Move in ready. This apartment has two bedrooms and two and half bathrooms. Barely lived in and used, unit has Italkraft cabinets, white quartz kitchen counter and island, Bosch appliances, and washer/dryer within the home are all included. Resort-style features at Merrick Manor include a heated pool, BBQ, premium fitness facility, 24/7 concierge. Close to upscale Merrick Park Shops and the University of Miami. Pets are welcome. Includes one designated covered parking spot. Don't miss out on this opportunity to live the life!
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Our Executive Mortgage Banker:
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$879,000
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 | $703,200 | $703,200 | $703,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.406% | 6.762% | 6.830% |
Monthly Tax Payment | $1,091 | $1,091 | $1,091 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,561 | $4,503 | $6,174 |
Total Monthly Payment | $5,743 | $5,685 | $7,356 |
* 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.