720 NE 69th St, #4W, Miami, FL, 33138 | $715,000

Welcome to this stunning 2 bed, 2. 5 bath residence in the Palm Bay Towers on Miami’s Upper East Side waterfront. This beautifully updated 1, 763 sf home features an open space that seamlessly integrates living & dining areas, enhanced by floor-to-ceiling glass doors leading to 2 large balconies with views of Biscayne Bay & Miami skyline. The modern kitchen boasts stainless steel appliances, a breakfast bar, and extensive cabinetry. The spacious primary suite includes a walk-in closet and a luxurious bath. Enjoy the lushly landscaped, 10-acre guard-gated community with amenities like a pool, tennis courts, a fitness center, and valet parking. Ideally situated just blocks from Miami’s best restaurants and Legion Park, this home offers the perfect blend of luxury and convenience.

Features

  • Heating: Central
  • Cooling: Central Air
  • Levels: 27
  • Amenities: Boat Dock,Barbecue,Picnic Area,Pickleball,Pool,Spa/Hot Tub,Tennis Court(s),Trash,Vehicle Wash Area
  • Bedrooms: 2
  • Baths: 2 full
  • Complex: PALM BAY TOWERS CONDO
  • Year Built: 1972
  • Common Charge: $3,253 Monthly
  • Approx Sq. Feet: 1,763
  • Est. Taxes: $7,045
  • View: Bay,Garden,Ocean
  • Water Front: Yes
  • Pets Allowed: Yes
  • Pet Policy: Conditional,Yes
  • Appliances: Built-In Oven,Dryer,Dishwasher,Electric Range,Electric Water Heater
  • MLS#: A11681731
  • Days on Market: 8 days
  • Website: https://www.raveis.com
    /prop/A11681731/720ne69thst_miami_fl?source=qrflyer
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Listing courtesy of COMPASS FLORIDA, LLC   Phone: 305-851-2820

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

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To learn more about our credentials, visit raveis.com today.

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
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

720 NE 69th St, #4W, Miami, FL, 33138

$715,000

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 $572,000 $572,000 $572,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.551% 7.159% 6.276%
Monthly Tax Payment $587 $587 $587
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,806 $3,802 $4,824
Total Monthly Payment $4,485 $4,481 $5,503

* 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.