Pre Construction Condo For Sale In Miami Beach With 7 0 Leaseback Program
1260 Washington Avenue, Miami Beach, FL, USA ,
Fully designed and furnished vacation condos where the developer will offer to lease the residence back from purchasers allowing for virtually hassle-free ownership of an asset that generates an attractive annual return.
THE PROGRAM:
It is a mixed-use project located in the heart of the world-renown South Beach neighborhood. Less than a 3-minute walk Ocean Drive and to the Atlantic Ocean
Units are a part of a rental program when not in use by owner
The leaseback agreement equates to a minimum fixed 7.0% annual return against the purchase price of a unit
Anticipated lease term of five years
Owner retains right to use their unit or a comparable residence for up to 90 nights per year
Staff services and maintains your unit avoiding the need for laborious self-management
Highlights
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Mortgage amount
Down payment (%)
Interest rate (%)
Period
Total cost of mortgage:$446,738
Monthly payments:$1,241
