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About
Monthly Expenses
Take advantage of an unprecedented opportunity for the acquisition of a full service, direct oceanfront boutique hotel in Miami Beach. 14,000 SqFt, 4 Stories, 64 rooms. 6 direct oceanfront suites. Beach-front terrace suitable for pool, cabanas, spa, gym, etc. Surrounding areas feature designer shops, restaurants, stores and supermarkets. Building in need of full renovation. Building of additional floors considered possible to be approved by the City.

Monthly Mortgage for Unit

$81,800 / month
$0 Homeowner`s Association Dues
$0 Property Taxes *
$81,800 Principal and Interest
Price:$15,900,000
Down Payment:
Loan Amount:$12,720,000
Loan Type:30 Year Fixed 4.38%
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Important! You may be able qualify for a
lower rate and reduce the monthly payment.
* property taxes are due & payable annually - the estimated amount listed is
broken down into a monthly figure for your budgeting.

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