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This stunning condominium features a gourmet kitchen outfitted with top-of-the-line Bosch appliances, chic quartz countertops, and custom cabinetry, striking the perfect balance between style and practicality. The bedroom offers a tranquil sanctuary designed for ultimate relaxation. Nestled on the desirable and tranquil fifth floor, this penthouse unit provides a peaceful and private atmosphere. Additional perks include one designated garage parking space located on the first floor. Just steps to the lobby. Each unit has a dedicated storage unit and bike storage. Two elevators. Secure building access key fob required. Unwind on your private balcony or take advantage of exceptional amenities, including a cutting-edge fitness center and an entertainment deck featuring a saltwater pool, cabanas, a summer kitchen, a bar, a billiards area, a cozy fire pit, and televisions. The public spaces within the building are adorned with stunning artwork and a living plant wall adding to the overall allure. With plenty of storage options, your living experience will be seamless and organized. Embrace unparalleled luxury living right in the heart of Delray Beach. Discover the epitome of sophistication in the lively core of downtown Delray Beach. Just a short stroll from the bustling restaurants, shops, and art galleries along Atlantic Avenue, this location is a hub for events and live music venues. Located just one mile from the pristine Municipal Beach, which has proudly received the esteemed Blue Flag designation for three consecutive years, this area emphasizes its dedication to environmental stewardship, safety, accessibility, and education. Remarkably, Delray Beach is one of only three beaches in the continental United States to achieve this designation.
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Our Executive Mortgage Banker:
Our Insurance Division:
$699,000
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 |
|
|---|---|---|---|
| Loan Amount | $559,200 | $559,200 | $559,200 |
| 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 | $871 | $871 | $871 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,443 | $3,531 | $4,644 |
| Total Monthly Payment | $4,406 | $4,494 | $5,607 |
* 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.