Rarely available in Delray Beach's most coveted beachside enclave, this substantially cleared and prepped 100' x 140' lot offers a premier opportunity to build a custom coastal residence. Ideally located on Waterway Lane, a quiet dead-end street of just ten homes nestled between the Intracoastal and the Atlantic Ocean, the property provides exceptional privacy just 1.5 blocks from the beach and four blocks from Atlantic Avenue. The land is offered with the option to purchase approved plans for a beautifully designed two-story British West Indies-style home, featuring expansive living spaces, lofted beamed ceilings, and resort-style outdoor areas--an increasingly rare opportunity in one of Delray's most desirable neighborhoods.
1125 Waterway Lane, Delray Beach, FL, 33483
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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