Algarve Imóveis - Opera Tower

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• 60 story tower on Biscayne Bay newly constructed in 2007 • 635 units with a mix of studios, one and two bedroom residences. • Its unique elliptical shape creates enhanced views from full wrap around terraces. • Deluxe features include stainless steel appliances, European style kitchens, granite counters, large porcelain flooring and much more. 1750 N Bayshore Drive Miami, FL 33132


Breathtaking Vistas Every unit features oversized terraces curving around all the residences providing magnificent views of Biscayne Bay, South Beach and Downtown Miami.



Right Next to….EVERYTHING!

Adrienne Arsht Performing Arts Center

Phillip and Patricia Frost Science Museum

South Beach’s Ocean Drive

Within 2 blocks of:

Within 5 minutes to:

• Adrienne Arsht Performing Arts Center • Frost Miami Science Museum • Perez Art Museum • Resorts World Miami Site • Adrienne Arsht Center Metromover • 8 Acre waterfront Margaret Pace Park

• • • • • • • •

South Beach Midtown Mall Design District Wynwood Art District American Airlines Arena Port of Miami Bayside Market Place 1-95


Features and Amenities • Door Man and Security personnel • 24 Hour Valet • Stainless steel appliances, granite counter tops and European kitchens. • Heat and wind resistant windows • Energy-efficient washer and dryer • Electronic security system throughout the building and in the condos • High-speed Internet and Cable TV • Six high speed elevators • Garage Parking • Prewired with fiber optic lines • Wrap around terraces • Ample storage facilities

• Ground level beauty salon, dry cleaners and mini mart. • Nove Kitchen and Bar offering Japanese cuisine. • Fully-equipped state-of-the-art fitness center with on-site fitness staff. • Social Hall and Media Room • Over-sized swimming pool and multiple whirlpool spas. • His and Hers Saunas • Fully equipped Business Center • One block from the newly built Publix supermarket on Biscayne and 17th avenue • Behind Margaret Pace Park


The Residences


Special Sales Program 3 YEAR 6% GUARANTEED RETURN Leaseback Program Opera Tower LLC will arrange to lease the unit for 3 years from the purchaser at closing. In addition to paying rent, Opera Tower LLC will also pay the following ownership expenses during the lease term: Condominium Association Fees including any Special Assessments, if any. Full Service Property Management • All Administrative Cost involved with the Property Management Leasing Cost • Advertising • Commissions Any Repairs • Painting • Maintenance • Refurbishments • If any item cannot be repaired, it will be replaced. Purchaser is only responsible for real estate property taxes and insurance of the unit In addition to the expenses paid as rent (above), the Purchaser will receive a GUARANTEED net rent equal to 6% of the purchase price annually for the full term of the 3 years lease. For example, if the purchase price is $400,000, the owner will receive $24,000 a year net in monthly installments for 3 years.


Seller Financing Interest only, low document loan with LITE credit verification for all buyers including Non-USA individuals. The Property: Select Condominium Units in OPERA TOWER, 1750 North Bayshore Drive, Miami, FL 33131. Loan Amount: Up to 70% of the Purchase Contract. Term of Loan: 5 years following the closing of the Loan. Purpose of Loan: Purchase of condominium unit at Opera Tower Condominium. Origination Fee: One (1%) percent of the loan. Interest Rate: Six and three quarters (6.75%) percent per annum. Interest Only: Monthly payments are interest-only based upon the Loan Amount. Interest Reserve: Waived Prepayment: Pre-payment is permitted without penalty Collateral: The Loan shall be secured by a first mortgage on the Property.


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