Presented byJack Elkins |
Introducing Villa Vera Maria: Located on the ocean block, just 400' from your private beach. A Timeless Oasis of Elegance in Palm Beach nestled within the prestigious El Streets enclave of Palm Beach, Villa Vera Maria stands as a masterpiece of historic Mediterranean Revival architecture, inviting you to step into a world of timeless luxury and sophistication. Villa Vera Maria is not merely a residence; it's an opportunity to own a piece of history and live in unparalleled luxury. This iconic estate is a true masterpiece that has been lovingly restored and meticulously maintained. Whether you seek a prestigious year-round residence or a seasonal retreat, this Palm Beach treasure offers the ultimate in refined living. Don't miss your chance to own a piece of Palm Beach history.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$29,000,000
Luxury Properties Specialist
William Raveis Real Estate
Phone: 561.373.2198
Jack.Elkins@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $23,200,000 | $23,200,000 | $23,200,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.875% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.851% | 7.014% | 6.915% |
Monthly Tax Payment | $2,947 | $2,947 | $2,947 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $156,303 | $152,407 | $205,299 |
Total Monthly Payment | $159,375 | $155,479 | $208,371 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.