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Presented by
Dawn Lindenberg |
Move-in ready 2-story ''Beach House'' living inside Parker Highland awaits - with ocean and pool access right outside your door. This Ralph Lauren-designed SW corner townhouse offers over 4, 700 total SF with 5 beds, 5 full baths + Den. Lower level has direct access to pool, BBQ and beach - no lobby or elevator needed. Enjoy ocean views from 2 wraparound balconies and 270° of natural light. Fully renovated, with high-end finishes and appliances. This Beach Home comes with 2 garage spots and A/C storage. Parker Highland has only 26 units, completely modernized, full reserves and in full compliance. It is a midrise, self-managed, pet-friendly, oceanfront building with 400' of private beach, glass balconies, impact windows, generator, high elevation, rebar construction, and its own dog park. Townhouse 2B/3B in Parker Highland Unit 2B/3B - Residence Details " Two-level southwest corner residence with interior staircase " 5 bedrooms, 5 full bathrooms, plus den " 4, 298 SF interior living area " Two wraparound balconies (214 SF each) " Total area: approx. 4, 725 SF " Dual entry from both the 2nd and 3rd floors " Lower level offers direct exterior access to pool deck and private beach " Residence is in superior interior condition and fully move-in ready, with no interior work needed " Two deeded garage parking spaces (one of only two residences with two) " Private A/C storage room in garage " Additional common storage for bicycles, kayaks, surfboards, and beach items Parker Highland - Building Overview " Boutique oceanfront building with only 26 residences " Two-level residences limited to just 2 units " Self-managed with transparent governance " Fully reserved with completed Structural Integrity Reserve Study " Completed 40-Year Milestone Inspection (SB 4-D compliant) " Major building modernization completed and fully funded " No pending or future special assessments " Impact windows and doors throughout " Glass balcony systems " Rebar-reinforced concrete construction " Full-building generator " High natural elevation " No neighboring high-rise buildings " 400 feet of private deeded oceanfront Building Improvements (Completed) " Exterior facade restoration " Balcony restoration and waterproofing " Parking deck resurfacing with new flooring system " Roof replacement " Elevator modernization " Fire pump and cooling tower replacement " Generator upgrades " Renovated lobby, reception, mailroom, and common areas " Pool and pool deck updates Amenities " Doorman / concierge-attended lobby " Resident social lounge and game room " Fitness center " Heated oceanfront pool and spa " Private BBQ area " Dedicated dog park " Underground garage and additional parking deck " Private deeded beach access with security and maintenance Highland Beach " Quiet, oceanfront town between Boca Raton and Delray Beach " Approx. 1. 1 square miles with limited development " Average natural elevation approx. 13 feet " Town-operated police, fire, water, and municipal services " Approx. 30 minutes to FLL or PBI airports " Close to Boca Raton Airport, Brightline, Mizner Park, and Atlantic Avenue
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$3,190,000
Licensed Real Estate Salesperson
William Raveis Real Estate
Phone: 914.522.2038
Dawn.Lindenberg@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 302.293.7433
Brian.Shahwan@raveis.com
NMLS Mortgage Loan Originator ID 2166562
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $2,552,000 | $2,552,000 | $2,552,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.000% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.214% | 6.110% | 6.097% |
| Monthly Tax Payment | $1,595 | $1,595 | $1,595 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $14,691 | $15,301 | $21,363 |
| Total Monthly Payment | $16,411 | $17,021 | $23,083 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.