Stunning 3 bedroom 3 bathroom condo available in the new Ritz Carlton Residences. Unique location as it's the only condo building in this residential area. This resident-only building is the new home to the most stunning architecture by the renowned Italian architect Piero Lissoni. You can expect nothing less than white-glove service that only Ritz Carlton can provide with 24 valet and a 24-hour attendee in both lobbies. Besides the picturesque view that you get from the rooftop pool, you will have access to a state of the art fitness center with an indoor and outdoor yoga studio, mediation garden, kids room, pet grooming room, theatre room, and one of a kind art studio. Don't miss a chance to live in this luxurious hidden gem in Miami Beach. Short term rental available through Nov. 2025
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Our Executive Mortgage Banker:
Our Insurance Division:
$22,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $17,600 | $17,600 | $17,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.191% | 7.171% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $116 | $117 | $148 |
Total Monthly Payment | $191 | $192 | $223 |
* 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.