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Welcome to Ocean Cove, an exclusive gated enclave of just twenty-two custom estates built by renowned builder Jeff Norman. Perfectly situated in the coveted seaside town of Highland Beach, nestled between Delray Beach and Boca Raton, this prestigious community offers residents private beach access and a tranquil sense of privacy and prestige. Each residence includes a private Intracoastal dock with a deeded deep-water boat slip, creating the ultimate blend of elegance and coastal convenience. This particular estate is ideally positioned on a premium lot just steps from the ocean. Upon entering, you're greeted by a grand foyer with soaring cathedral ceilings and a bright, airy layout that embodies sophisticated transitional design. Every detail has been meticulously crafted, from the marble flooring and elegant finishes to the thoughtful flow of each space. The four-bedroom, five-bath residence offers an impressive array of amenities, including a heated private pool and spa, a summer kitchen beneath an expansive loggia for effortless entertaining, a temperature-controlled wine room, a whole-house Generac generator, and impact windows and doors throughout. The gourmet chef's kitchen is outfitted with Sub-Zero and Wolf appliances, dual dishwashers, and designer cabinetry. The primary suite is a true retreat, featuring dual private bathrooms, a morning bar, two oversized closets, and lush carpeting for added comfort. An elevator may also be added if desired. The oversized air-conditioned two-car garage, refined architectural details, and seamless indoor-outdoor living complete this exceptional offering. Ocean Cove represents a rare opportunity to experience refined living in one of South Florida's most sought-after coastal enclaves. Private showings available by appointment only.
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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.
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:
$3,800,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $3,040,000 | $3,040,000 | $3,040,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 5.750% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.046% | 5.846% | 5.700% |
| Monthly Tax Payment | $2,982 | $2,982 | $2,982 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $16,787 | $17,741 | $24,839 |
| Total Monthly Payment | $19,894 | $20,848 | $27,946 |
* 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.