Museum Park Realty
About Museum Park Realty
Ten Museum Park
Luxury Condos
Property Search
Resources
Contact Us

900 Biscayne

Address:  900 Biscayne Blvd
Area:  Downtown Miami
Completion Date:  2008
Floors:  60
Price Range:  $2,700-$3,100,000
Status:   Re-Sales/Pre-Construction
Request Information

View Listings

Building Amenities

Residence Features

View Photo Gallery

View Map

Property News

 
Building Description

The 900 Biscayne Bay edifice is currently earning some of the most positive word of mouth since ICON Brickell in downtown Miami.   Standing at an imposing 60 stories, 900 Biscayne Bay will overlook virtually every delightful inch of the city of Miami and its brilliantly vivacious yet blissfully serene waters.  Its residences are being touted as some of the most "livable" in ages and inside the building will be an unheard of 50 seat theater.  When its doors open later this year, 900 Biscayne Bay will stand as yet another gorgeously optimum testament of Miami’s immaculate architecture and sumptuous residential accommodations.

In addition to its fifty seat theater with 5.1 sound, 900 Biscayne Bay guests and residents will be greeted by a glorious three story lobby complete with its own lounge area.  A spacious and relaxing pool deck is large enough to accommodate large crowds, making it ideal for gatherings or events.   Catering services are additionally provided to residents who seek to make use of the pool deck for such an occasion.  The theater area is complemented by comfortably plush seating and will contain a variety of original art pieces.  An outdoor café and restaurant and a monstrous 80,000 square feet of office space offering views of the Performing Arts Center will further add to 900 Biscayne Bay’s desirability.  A yoga and aerobics studio, state of the art fitness equipment, sauna and separate locker areas for both sexes will appease the health conscious. After the strenuous workout, indulge in the Whirlpool spa and temperature controlled pools while gazing at the wonderful views of the city and bay or the building’s beautiful gardens.  All this excitement is pleasantly rounded out by the around the clock cutting edge security technology and staff and professional concierge.

The residences at 900 Biscayne Bay will be comprised of a variety of eleven unique floor plans that are being positively spoken about and come in one to three bedroom options.  Inside you’ll find tinted sliding glass doors, private terraces, sophisticated fire safety systems, and roomy walk-in closets.  Kitchens are designed in a European style and feature a number of stainless steel Miele brand appliances and stone countertops.  Bathrooms come with opulent whirlpool baths and attractive stone interiors.

Its prime location in downtown Miami allows convenient access to the area’s most renowned attractions like the American Airlines Arena, a colossal complex that hosts the city’s major musical and sporting events.  The Carnival Performing Arts Center is one of the city’s more recent unveilings and is host to frequent performances by the prestigious Miami City Ballet in addition to numerous plays and musical performances.  Take a short five minute drive along the causeway and you’ll hit Miami’s infamous and always stylish South Beach, the quintessential hotspot for the best in dining, shopping and invigorating nightlife.



Building Amenities

  • 24-hour security
  • State of the art security technology
  • 24-hour concierge
  • Yoga and aerobics studio
  • Cutting edge fitness facility
  • Outdoor café and restaurant
  • Fifty seat theater with 5.1 sound
  • Whirlpool spa
  • Temperature controlled pools
  • Secured parking
  • 80,000 square feet of office space
  • Sauna
  • Separate locker rooms
  • Lobby lounge
  • Spacious pool deck
  • Beautifully flourishing gardens
  • High speed elevators with restricted key admittance
  • Wireless Internet technology throughout the general areas


Residence Features

  • Eleven distinct floor plans
  • HDTV technology available in units
  • One to three bedroom options
  • Private terraces
  • Tinted sliding glass doors
  • HD television satellite technology
  • Fire safety systems
  • Roomy walk-in closets
  • European kitchen cabinetry
  • Stainless steel kitchen appliances by Miele
  • Stone kitchen countertops
  • Whirlpool bathtubs
  • Stone bathroom interiors



Local Products and Services

Loading...


Automobile Banks Child Daycare Child Preschool
Churches Coffee Communications Computer Repair
Elder Care Fitness Drug Stores Flowers
Gas Stations Golf Health Services Library
Mail & Shipping Medical Museums Music Stores
Post Office Resturants Schools Travel


Featured Property Other Condos
Museum Park Project
Google Map Search
Real Estate News
Updated: Wednesday, November 25, 2020


Should You Use a HELOC for a Renovation?

A lot of people, thanks to low interest rates, are thinking about home renovations right now. You have different options to pay for these projects if youre not going to pay in cash. One option is a Home Equity Line of Credit or HELOC.

A HELOC is a way to borrow against your homes equity, and it provides flexibility. With that being said, because of that flexibility, you need to be careful to stay on budget when you use funds.

The following are some things to know about a HELOC, particularly if youre thinking about using it for a renovation.

How Does a HELOC Work?

With a HELOC, youre spending in a way thats similar to a credit card. You borrow up to a certain limit as defined by your lender. Then, you pay back whatever you borrow with interest. You can withdraw and make payments on whatever basis works best for you.

A lender gives you a draw period, which is the time you can withdraw money. When your draw period is ended, you may be able to renew the credit line.

If you dont or cant renew, you pay the outstanding balance either all at one time, or you do so over a repayment period.

HELOC lengths can run as long as 30 years.

The benefits of a HELOC and flexible repayment include the fact that you only borrow what you need, and many have no fees. The interest on a HELOC might be deductible if you use your funds for home improvements.

What Are the Risks?

While HELOCs can work well for funding a renovation, there are possible risks to be aware of before you borrow.

Since your home is your collateral, if you dont make the payments, you could lose your home. Typically a lender will try to protect against this by limiting borrowing amounts, but its still a big consideration.

A lender can also freeze a credit line or reduce it. Youll only see this usually if you havent made your payments or your homes equity changes, but its something to think about.

The interest rates on a HELOC are variable, and theyre tied to the prime rate. If there are changes in the market, you may end up paying more so that uncertainty may not be ideal.

How Does a HELOC Compare to a Home Equity Loan?

A home equity loan is another financial product often used to fund renovations and home projects.

A home equity loan also involves borrowing against the equity in your home, which is used as collateral. A home equity loan differs from a HELOC because its a lump-sum loan rather than a revolving line of credit. You pay the loan back over its life plus interest, and you make those payments based on a set schedule. Most home equity loans have a fixed interest rate, which alleviates the worry of fluctuating market conditions impacting interest rates.

When is a HELOC the Right Choice?

If youre deciding between a HELOC and a home equity loan, the loan might be better if youre certain of the cost of your project. If youre comfortable with a fixed monthly payment, a home equity loan could be the better option.

On the other hand, a HELOC might be right if you want a lot of flexibility in how much you borrow. Maybe youre not sure about the scope of your project or what your budget will be.

The biggest differentiators between the two will come down to first, flexibility, and second, certainty. If you want flexibility, consider a HELOC. If you want certainty, think about a home equity loan.


> Full Story

When Is the Best Day of the Month to Close?

Maybe youve heard this and maybe you havent, but when someone asks when the best time is to close on a contract its typically at or near the end of the month. Why? Because its how mortgage interest is accrued. When someone makes a mortgage payment on the first of the month, the payment doesnt apply to the month about to be lived in but instead its for the interest that accrued for the previous month. But at the settlement table when a purchase mortgage is taken out there are no previous occupied days, yet interest is still collected.

Its called prepaid interest and its an amount that includes interest on the first day of the new note up until the first of the following month. If a closing takes place on the 20th of the month, the lender will collect interest up to the first of the following month. In this example that would be 10 days. If on the last day of the month, there will only be one days worth of interest collected.nbsp;

Then, there would be no mortgage payment on the first of the following month because its already been paid. So, with a purchase transaction, it makes sense to close as close to the end of the month as possible. Some like to give a little breathing room and close on the next to last day of the month just in case something happens to cause a delay.nbsp;

The closing date on a purchase is clearly laid out on the first page of the contract. Closing must take place on or before that date. Any extension must be agreed to by both parties. Theres really no wiggle room about that. If the buyers cant close on the specified date, they run into the possibility of losing their earnest money deposit.

On the other hand, theres a bit of a difference as it >

When refinancing, there will be interest in arrears for the number of days for the old mortgage plus prepaid interest collected up to the first of the following month. Again, because the interest has been prepaid, there will be no mortgage payment on the first day of the next month because its already been paid.

During a purchase transaction the closing date is established upon execution of the contract. When refinancing, its completely up to the homeowners not just whether or not it makes sense to refinance but setting a closing date.


> Full Story

5 Surprising Ways to Invest in Your House

Expanded Driveway

One area that many people never think about changing is their driveway. Over the years, a lot of people have learned that they can expand their driveway to hold more cars. This is especially useful if you have multiple vehicles that members of your family drive.

In the average neighborhood, there is simply not enough space for more than a few cars. It is a small investment to expand the driveway of your home, and the potential future buyers will love this feature.

New Cabinets

The kitchen is one of the most important areas of the home when it comes to selling. Cabinets are a central point of any kitchen. If you want to improve or replace your cabinets, it is vital to work with a company that has experience in the field. Look for cabinet refinishing companies near you through online sources.

The cabinets in your kitchen should flow with the rest of your home. With such a large investment of both time and money, make sure that you have conducted research on the best cabinets for your current home.

Tile in Bathroom

Another vital room in your home is the master bathroom. You will spend a lot of your time in this room, so it is important to make it as inviting as possible.

Upgrading the floors in your bathroom is a great choice. Tile is the most common piece of material to use. Not only does it last longer, but it looks much better than other options as well.

Heated tile is another feature that many people enjoy. In the cold mornings of the winter, heated tile can be a nice luxury. As soon as you walk on the tile, your feet will be heated and you will enjoy the bathroom experience much more. This is new technology that a lot of people are upgrading to.

Smart HVAC System

Everyone knows that a new HVAC system is not cheap. However, there are new HVAC systems that focus on reducing your total energy consumption. Although these units are still expensive, you will save some money every month on lower electricity bills.

With so many options on the market today, it is vital to spend some time finding the right model for your home. If you live in a cold area, make sure the heating unit is large enough to heat your entire home. In many areas, the upstairs part of the home is difficult to heat in the winter without a large unit.

New Paint

Perhaps the easiest way to improve the value of your home is to simply paint the walls. New paint on the walls can really improve the look and feel of your home. Although you can do the painting yourself, it makes sense to hire someone who has experience painting.

Painting an entire house is a long process. Although it will not be cheap, it will improve the value of your home greatly. This is one of the best things to do right before you list a home on the market.

Investing in your home is one of the best financial decisions that you can make. As the housing market continues to improve in value, investing in your home will help you financially. You can even use the equity in your home to pay for the new upgrades that you want.


> Full Story



Copyright © 2004 Realty Times®. All Rights Reserved

Copyright © 2007 Museum Park Realty
1040 Biscayne Blvd Miami, FL 33132
Tel: (305) 753-4154 | Fax: (305) 960-2008 | shelly@museumparkrealty.net
Equal Housing | RealtorReal Estate Website Design By: Real Estate Systems Integrator - RESI