690 SW 1st Ct, #2730, Miami, FL, 33130 | $400,000

Attention Investors! Great tenant in place! Occupied until May 2025. Experience modern living in a highly sought-after condo Neo Vertika, 27th floor. This open-living loft is centrally situated along the Miami River, a block from Brickell City Centre and close to Brickell Village and a variety of restaurants and supermarkets. Designed by renowned architect Luis Revuelta, the building offers luxurious amenities: a stunning infinity pool with a Jacuzzi, sauna, steam room, full fitness center with CrossFit and boxing area, racquetball/pickleball/basketball courts, business center, club room, dog park/children’s play area. The building also features 24-hour concierge service, valet parking for visitors, and EV charging stations. Enjoy riverfront dining and walkable access to the Metro Mover.

Features

  • Heating: Central
  • Cooling: Central Air
  • Levels: 36
  • Amenities: Clubhouse,Fitness Center,Pickleball,Pool,Elevator(s)
  • Baths: 1 full
  • Complex: NEO VERTIKA CONDO
  • Year Built: 2006
  • Approx Sq. Feet: 638
  • Est. Taxes: $5,060
  • View: City,Water
  • Elem. School: Allapattah
  • Middle School: Arvida
  • High School: American
  • Pets Allowed: Yes
  • Pet Policy: Conditional,Yes
  • Appliances: Dryer,Dishwasher,Electric Range,Ice Maker,Microwave,Refrigerator,Trash Compactor,Washer
  • MLS#: A11659802
  • Days on Market: 5 days
  • Website: https://www.raveis.com
    /prop/A11659802/690sw1stct_miami_fl?source=qrflyer
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Listing courtesy of MAINFRAME REAL ESTATE   Phone: 407-513-4257

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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
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
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860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
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690 SW 1st Ct, #2730, Miami, FL, 33130

$400,000

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 $320,000 $320,000 $320,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.125% 4.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.483% 6.273% 5.268%
Monthly Tax Payment $422 $422 $422
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,944 $1,944 $2,529
Total Monthly Payment $2,441 $2,441 $3,026

* 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.