400 Kings Point Dr, #1406, Sunny Isles Beach, FL, 33160 | $265,900

The Property needs TLC and will be painted, with kitchen upgraded by October. Also for rent. Please refer to Broker's remarks. $7, 000 reduction in price! Tenant occupied, easy to show with 24-48 hours advance notice. . Lifestyle on a budget at its finest with stunning intracoastal views of Bal Harbour sandbar! LOCATION, LOCATION, LOCATION with just steps away from Sunny Isles Beaches, short drive to Bal Harbor Shops, Aventura Mall and Oleta State Park. Building's amenities include gym, cafeteria, pool by the bay & dock spaces for owners at $12. 00/ft. Please refer to important Broker's remarks. Thank you for showing.

Features

  • Heating: Electric
  • Cooling: Electric
  • Levels: 25
  • Amenities: Laundry,Elevator(s)
  • Bedrooms: 1
  • Baths: 1 full
  • Laundry: Common Area
  • Complex: COASTAL TOWERS CONDO
  • Year Built: 1965
  • Common Charge: $593 Monthly
  • Approx Sq. Feet: 705
  • Est. Taxes: $2,844
  • View: Intercoastal,Ocean,Water
  • Water Front: Yes
  • Pets Allowed: No
  • Appliances: Dishwasher,Electric Range
  • MLS#: A11420694
  • Days on Market: 389 days
  • Website: https://www.raveis.com
    /prop/A11420694/400kingspointdr_sunnyislesbeach_fl?source=qrflyer
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Listing courtesy of Smith Associates, Inc   Phone: 305-975-0880

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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

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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400 Kings Point Dr, #1406, Sunny Isles Beach, FL, 33160

$265,900

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 $212,720 $212,720 $212,720
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.456% 7.171% 6.276%
Monthly Tax Payment $237 $237 $237
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,433 $1,414 $1,794
Total Monthly Payment $1,745 $1,726 $2,106

* 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.