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CORAL LAKES--SUPER ACTIVE ADULT COMMUNITY! RENTABLE FROM DAY 1. Introducing The Majesty, a spacious condo model in the beautiful Coral Lakes community boasting an enchanting panoramic lake view. This second-floor unit includes covering 1, 869 LivSqFt and ceramic tiles throughout the unit. The generously sized master bedroom offers a sitting area, an ensuite bathroom, a soaking tub, a step-down shower with dual sinks, an oversized walk-in closet, and an additional large-size closet. The kitchen is bright and spacious and also has an eat-in area. The Florida room includes a large closet. Indulge in the epitome of Floridian luxury at the captivating location of 5952 Regal Glen Drive, Unit 204, situated wistfully within the highly sought-after Coral Lakes community space in Boynton Beach, Florida. This residential milestone accentuates wide-spanning grounds spread across an impressive 580-acre landscape, where a uniquely eclectic mix of urban architecture and serene lakes encapsulates a vision of utopian living. Coral Lakes prides itself on a diverse neighborhood structure, hosting seven distinct community living styles, including private homes, condominiums, villas, and coach homes. Each housing design bonds with the mesmerizing backdrop of the grand 72, 000-square-foot Master Clubhouse, symbolizing Coral Lakes' glory. This behemoth of architectural brilliance has undergone recent renovations, providing an unparalleled aesthetic interface for residents and their guests. Immerse in the numerous premium amenities offered around the clock, ranging from the joyous respite of an outdoor swimming pool to the challenging endeavors in a high-tech, professionally staffed fitness center. Luxuriate in the glass-enclosed, Olympic-sized indoor swimming pool or rejuvenate with relaxing steam room sessions, soothing saunas, and therapeutic hot tubs. Numerous card rooms offer a melting pot of social activities. Feel the pulsating cultural vibrancy in a state-of-the-art theatre with over 800 seats. Residents have many entertainment options, from live shows and concerts to intriguing in-house productions and lectures. Coral Lakes breathes life into outdoor leisure, presenting 10 Har-Tru tennis courts, 6 pickleball courts, five satellite swimming pools, a half-size basketball court, and multiple handball courts. Expert coaching sessions ensure you refine your sports skills while having fun! The Coral Lakes café is a focal point of this tranquil paradise. Open from bright morning to afternoon, it offers its patrons a range of classic American comfort foods and weekly specials. Its full-service catering can turn any gathering show event, fine dining experience, or holiday celebration into a grand feast. At 5952 Regal Glen Drive, Unit 204 in Coral Lakes, every day is a golden opportunity for extraordinary experiences laced with luxury. Find your sanctuary amongst the diverse beauty and active lifestyle Coral Lakes offers, and live each day like a well-deserved vacation. Service or Emotional Support animals ONLY. At least one occupant must be 55 or older, while no occupants under 19 are allowed. Owners are required to purchase a cafe card each January. The maintenance fee includes water, sewer, cable, and internet. $3, 500 Capital Contribution to the Master Association (not condo association or HOA) of Coral Lakes. New refrigerator and new dishwasher.
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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 | $176,000 | $176,000 | $176,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | $348 | $348 | $348 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,084 | $1,111 | $1,462 |
| Total Monthly Payment | $1,507 | $1,534 | $1,885 |
* 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.