Florida Real Estate

M Resort Residences

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Tuesday, November 24th, 2009 07:21:02 PM

M Resort Residences

$599,000

     18683 Collins Av Sunny Isles Beach, Florida 33160
Sunny Isles Beach Realtor

Photos of 18683 Collins Av Sunny Isles Beach, FL 33160

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M1184743
M Resort Residences Real Estate 18683 Collins Av

SPECIFICATIONS

Bedrooms: 2
Bathrooms: 3 Full, 0 Half
Square Feet: 1,492 SF
Living Area: 0 SF
Garage: Car
Pool: ,X
Waterfront: Y, Ocean Access, Intracoastal
Year Built: 2005

M RESORT RESIDENCES PROPERTY DESCRIPTION

Sunny Isles Beach:M Resort Residences. Oceanfront condo hotel residence in le meridien part of the starwood hotel program. Beautiful two bedroom residence fully furnished with top of line kitchen and furniture. Start enjoying the beach today! ***bonus to selling agent***owner motivated!!!

ADDITIONAL DETAILS ON THIS M RESORT RESIDENCES CONDO

Community: M Resort Residences
Subdivision: M Resort Residences
Flooring: Carpet, Marble
M Resort Residences Community Information: Excer Room, Pool, Sauna, Elevator.
Equipment Included: Range, Microwave, Disposal, Dishwasher, Refrigerator, Washer, Dryer.
This Listing courtesy of Fortune International Realty

MONTHLY MORTGAGE PAYMENT (5 Year Fixed Rate : 10% Down : 4.375% : 4.415%APR)

Purchase Price:
$599,000.00
Down Payment:
$59,900.00
Amount Financed:
$539,100.00
Monthly Mortgage Payment:
$2,691.65(Principal & Interest ONLY)
Mortgage Insurance:
If you put LESS than 20% down, you will need to pay PMI (Private Mortgage Insurance), which usually is around $55 per month for every $100,000 financed (until you have paid off 20% of your loan). This could add $296.51 to your monthly payment.
onthly Payment:
$2,988.15 (Principal & Interest, and PMI)
Real Estate Taxes:
Real Estate Taxes in Sunny Isles Beach Florida are calculated by applying the millage rate to the assessed value.
Homes in Sunny Isles Beach Florida are re-assessed when they are sold and typically will be assessed at slightly below the purchase price. Assuming this home in M Resort Residences is assessed at about $569,050.00 the next time it sells, the annual real estate taxes will be approximately $9,958.38 This could add $829.86 to your monthly payment. Homestead or other exemptions could lower your taxes for this property.
TOTAL Monthly Payment:
$3,818.02 (including PMI and Real Estate tax)

18683 Collins Av Sunny Isles Beach, Florida 33160 (M Resort Residences)

The data relating to Sunny Isles Beach real estate and M Resort Residences homes for sale or lease on the Boca Executive Realty website comes in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate Broker participates. The homes in Sunny Isles Beach M Resort Residences displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Sunny Isles Beach M Resort Residences homes for sale that are listed by Brokers other than this Broker are marked with either the listing Broker's name or the MLS name or a logo provided by the MLS. The Detailed listing page about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Boca Executive Realty is an equal housing opportunity real estate broker serving Sunny Isles Beach M Resort Residences.
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