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Welcome to 1 Ocean Boulevard- Resort style living in a prime Deerfield Beach location! Just steps from the turquoise waters of the Atlantic Ocean and the vibrant beach area restaurant and shops, this spacious residence features a split floorplan with a large primary suite, formal dining room, laundry room and a den/ office that can be used as a 3rd bedroom. The balcony almost spans the length of the condo at over 200 sqft. Light and bright condo with high ceilings. The large primary suite features floor to ceiling sliding glass doors, his and her closets, a soaking tub and double vanity. 1 Ocean Blvd was built in 2004 and offers a much more modern aesthetic than the typical 80's beach condo. The amenities include a resort style pool, hot tub and fitness center. Gated Community with on-site management. This is an excellent opportunity to own in a fiscally strong community!
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Our Executive Mortgage Banker:
Our Insurance Division:
$650,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $520,000 | $520,000 | $520,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.424% | 6.628% | 5.933% |
| Monthly Tax Payment | $1,035 | $1,035 | $1,035 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,160 | $3,283 | $4,318 |
| Total Monthly Payment | $4,287 | $4,410 | $5,445 |
* 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.