2275 S Ocean Boulevard, #204n, Palm Beach, FL, 33480 | $1,525,000

Back on the market! Buyer loan fell through! Special assessments PAID! Landmarked Palm Beach modernism meets a rare opportunity to create your ideal oceanfront home! Designed by renowned architect Gene Lawrence, The Reef is a celebrated example of mid-century modern architecture. The Reef offers direct beach access, an oceanfront pool with cabanas, a new fitness center, garage parking, doorman service, and pet-friendly living! This corner residence in the North Building offers a massive wrap-around balcony with sweeping beach, ocean, and park views. Its light-filled layout and multiple exposures create a seamless indoor-outdoor connection, perfect for capturing sunrises, sea breezes, and the sound of the waves. . . .

Features

  • Parking: Garage - Attached,Garage - Building,Open,Under Building,Vehicle Restrictions
  • Heating: Central,Central Individual
  • Cooling: Ceiling Fan,Central,Central Individual
  • Levels: 4.00
  • Amenities: Beach Access by Easement,Bike Storage,Cabana,Community Room,Elevator,Fitness Center,Lobby,Manager on Site,Picnic Area,Sidewalks,Trash Chute
  • Bedrooms: 2
  • Baths: 2 full / 1 half
  • Complex: REEF CONDO
  • Development: REEF CONDOMINIUMS
  • Year Built: 1974
  • Common Charge: $3,041
  • Approx Sq. Feet: 1,868
  • Est. Taxes: $17,881
  • Lot Desc: East of US-1,Paved Road,Sidewalks,Treed Lot
  • View: City,Ocean,Pool
  • Water Front: Yes
  • Elem. School: Palm Beach Public
  • Middle School: Lake Worth Community Middle
  • High School: Forest Hill Community High School
  • Pet Policy: Yes
  • MLS#: RX-11114585
  • Website: https://www.raveis.com
    /prop/RX-11114585/2275soceanboulevard_palmbeach_fl?source=qrflyer
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed.

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Lisa GolebiewskiStrategic Growth & Sales Manager

203.631.7912

Lisa.Golebiewski@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Dave BeckmanVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 10930

203.641.8287

Dave.Beckman@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Brian KellyInsurance Sales Director, William Raveis Insurance

860.655.6934

Brian.Kelly@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

2275 S Ocean Boulevard, #204n, Palm Beach, FL, 33480

$1,525,000

Lisa Golebiewski

Strategic Growth & Sales Manager

William Raveis Real Estate

Phone: 203.631.7912

Lisa.Golebiewski@raveis.com

Dave Beckman

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.641.8287

Dave.Beckman@raveis.com

NMLS Mortgage Loan Originator ID 10930

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,220,000 $1,220,000 $1,220,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 5.875% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.165% 6.007% 5.952%
Monthly Tax Payment $1,490 $1,490 $1,490
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,927 $7,217 $10,131
Total Monthly Payment $8,542 $8,832 $11,746

* 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.