Gorgeous 2 bedroom 2 bath corner unit facing South West with views of the city, intracoastal, beach and more. Unit comes fully furnished and equipped with Sub-Zero and Wolf Appliances. Washer & Dryer inside the Unit. Tile Flooring throughout (no carpet) also balcony's floor has been properly coated. There are no rental restrictions so it can be managed by the hotel or any company. The owner used the property while visiting and rented through AIRBNB during the rest of the year, it covered all expenses and numbers are available upon request. Deluxe amenities with Rooftop, pool, restaurant, bar, gym & Spa, beach and pool service. Maintenance Includes electric, cable, internet and one free valet parking. Located minutes from Aventura mall, golden beach, gulfstream, casino and restaurants.
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Our Executive Mortgage Banker:
Our Insurance Division:
$970,000
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 | $776,000 | $776,000 | $776,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.200% | 6.748% | 6.786% |
Monthly Tax Payment | $1,302 | $1,302 | $1,302 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $5,163 | $4,969 | $6,813 |
Total Monthly Payment | $6,557 | $6,363 | $8,207 |
* 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.