SPECIFICATIONS
Bedrooms: 3
Bathrooms: 5 Full, 1 Half
Square Feet: 3,690 SF
Living Area: 0 SF
Garage: 2 Car
Pool: ,X
Waterfront: Y, Oceanfront, Ocean Access, Oceanfront
Year Built: 1994
THE PALACE AT BAL HARBOUR PROPERTY DESCRIPTION
Bal Harbour:The Palace. Live like royalty in the palace. magnificent apartment with breathtaking ocean views in a luxury building. This unit is fully furnished in elegant decor, with marble floors, built-ins and custom details. Plus...as a bonus it includes your own cabana at the pool. Fine dining at restaurant with $100 mo credit from maintenance. Enjoy your own spa, tenn court, attended pool & more. Huge rooms plus maid's quarters. Unique offering.
ADDITIONAL DETAILS ON THIS THE PALACE CONDO
Community: The Palace
Subdivision: The Palace At Bal Harbour
Flooring: Carpet, Marble
Construction: CBS
The Palace Community Information: Pool Table, Kitchen, Excer Room, Pool, Sauna, Tennis, Elevator.
Exterior Features: Open Balcony, Shutters
Interior Features: Laundry Tub, Walk in Clos, Window Cover, Split Bedrms
Equipment Included: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, wall Oven.
This Listing courtesy of Rickenback Realty, Inc.
MONTHLY MORTGAGE PAYMENT (5 Year Fixed Jumbo Rate : 25% Down : 4.375% : 4.395%APR)
Purchase Price:
$2,500,000.00
Down Payment:
$625,000.00
Amount Financed:
$1,875,000.00
Monthly Mortgage Payment:
$9,361.60(Principal & Interest ONLY)
Real Estate Taxes:
Real Estate Taxes in Bal Harbour Florida are calculated by applying the millage rate to the assessed value.
Homes in Bal Harbour Florida are re-assessed when they are sold and typically will be assessed at slightly below the purchase price. Assuming this home in The Palace is assessed at about
$2,375,000.00 the next time it sells, the annual real estate taxes will be approximately
$41,562.50 This could add $3,463.54 to your monthly payment. Homestead or other exemptions could lower your taxes for this property.
TOTAL Monthly Payment:
$12,825.14 (including Real Estate tax)