Unit 606 is not only a stylish home but also a sound investment. The building has a strong track record of rental demand, particularly for furnished units that cater to professionals and international visitors who value convenience and luxury in equal measure. With Downtown Miami continuing to evolve into a global hub for business, arts, and entertainment, ownership in 50 Biscayne provides both lifestyle enjoyment and long-term appreciation potential.
Amenities
Bike Storage
Fitness Center
Pool
Sauna
Trash
Elevators
Interior Features
Built In Features
Closet Cabinetry
Tub Shower
Elevator
Exterior Features
Security High Impact Doors
Property Tax Information
Tax Amount: $4,635
Tax Year: 2025
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Principal & Interest
The principal is the amount that you borrow from a
lender. The interest is the cost of borrowing that money.
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Property Taxes
This tax is a percentage of a home’s assessed value and
varies by area. Homeowners pay this tax annually, semi-annually, or as part of a
monthly mortgage payment.
HOA Fees
Fees paid by homeowners within a shared complex to pay
for building repairs and operation costs. HOA fees are typically paid monthly or
quarterly.
Homeowners Insurance Homeowners insurance covers
losses and damages to your
home, property, personal belongings, and other assets in your home. The policy
also provides liability coverage against accidents in the home or on the
property. When applying for a mortgage, the applicant is usually required to
provide proof of insurance on the property before the financial institution will
approve the loan.
Private Mortgage Insurance (PMI) Borrowers with a down payment of less than 20% may be
required to purchase mortgage insurance. Mortgage insurance protects the
mortgage lender against loss if a borrower defaults on their loan. Typically,
mortgage insurance rates range from 0.2%–2% of the loan amount per year. Your
actual rate may vary.
0 Beds
1 Baths
