Large balcony overlooking the Miami Beach city and Downtown Miami. Directly on the Beach on Famous Lincoln Rd Blvd. Min 6 month rent. This fully furnished large studio or unfurnished with high impact windows and doors offers tile floors throughout comfortable King size bed. There is no need to rent a car although a parking valet for one car is included . Olympic swimming pool and well equipped Gym overlooking the beach. Included at no additional charge all utilities, Cable, Internet, Wi-Fi, Electricity, Water ($250 savings). Located where Lincoln Road Mall meets the Beach! Run, bike, walk and exercise on the boardwalk overlooking the beach. The Decoplage|100 Lincoln Road is a Miami Beach Oceanfront Icon directly across the street from the Ritz Carlton/South Beach, a block from Ocean Drive.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,100
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 | $1,680 | $1,680 | $1,680 |
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 | 7.425% | 7.146% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $11 | $11 | $14 |
Total Monthly Payment | $86 | $86 | $89 |
* 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.