EXTRA WIDE BAY VIEWs, walking distance to beach, 139 feet of waterfront. Dock for large boat over 80 feet at this 5/3 house on cul de sac of a gated street a finger peninsula in Miami Beach. This home offers safety, privacy and breathtaking wide bay views of Biscayne Bay and Indian Creek Island. Bay patroled by Indian Creek marine police boats. Deep wpater access with no bridges to bay and a dock with room for a large yacht with 139 feet of waterfront. Italian Snaidero Kitchen with eat in kitchen with beautiful bay views. Marble floors are throughout. Formal living and dining rooms for entertaining. Beautiful sunsets can bee seen from the dock, as can dolphins and manatees playing. Short walk to beach. Close to Bal Harbour shops, places of worship, Playground, dog park. Also for rent
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$14,600,000
William Raveis Real Estate
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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 | $11,680,000 | $11,680,000 | $11,680,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.343% | 6.876% | 6.725% |
Monthly Tax Payment | $7,485 | $7,485 | $7,485 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $74,788 | $75,756 | $101,745 |
Total Monthly Payment | $82,398 | $83,366 | $109,355 |
* 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.