1138 Russell Drive, Highland Beach, FL, 33487 | $899,999

Coastal luxury meets rare privacy in this exceptional Boca Cove townhouse offering PRIVATE DEEDED BEACH access. Situated on the largest lot in the community and uniquely positioned as the only standalone residence among neighboring townhomes, this property offers a level of space and privacy rarely found in Highland Beach. LOW HOA and priced under $1 million, it presents outstanding value in an area where surrounding properties often sell between $1. 5M and $1. 7M.
The interior has been thoughtfully updated throughout. Brand-new flooring flows seamlessly from room to room, while the staircase has been refinished in European white oak, adding warmth and character. Smooth ceilings create a clean, modern feel, complemented by designer light fixtures that enhance the home's elevated aesthetic The kitchen features granite countertops, and a BRAND-NEW high-efficiency wall-mounted electric water heater ensures modern comfort. This turn key home is designed for indoor-outdoor living. It is the only property in Boca Cove with both a front and back screened-in porch, plus its own private yard, an incredibly rare feature for beachside living. The upstairs master suite boasts a private balcony to enjoy fresh ocean breezes, while the open, airy layout downstairs invites relaxation and entertaining. Private deeded beach access is just steps away, and the Intracoastal Waterway is within a short stroll, with boat slips potentially available for rent. Boca Cove's pet-friendly community offers resort style amenities including a pool, gym, clubhouse, and bike storage. More than just a townhome, this is a private coastal retreat offering space, style, and a rare combination of features you won't find elsewhere in Highland Beach. A hidden gem you do not want to miss, present all offers!

Features

  • Amenities: Beach Access, Fitness Center, Pool, Bike Storage, Community Room, Sidewalks
  • Rooms: 4
  • Bedrooms: 2
  • Baths: 2 full / 1 half
  • Laundry: Inside
  • Development: BOCA COVE
  • Year Built: 1977
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,600
  • Acreage: 0.12
  • Est. Taxes: $4,851
  • HOA Fee: $520 Monthly
  • View: Intracoastal
  • Water Front: Yes
  • Elem. School: J. C. Mitchell
  • Middle School: Boca Raton Community
  • High School: Boca Raton
  • Pet Policy: Yes, No Restrictions
  • Appliances: Electric Water Heater, Dryer, Disposal, Dishwasher, Free-Standing Freezer, Ice Maker, Microwave, Refrigerator, Water Heater, Washer
  • MLS#: RX-11137702
  • Website: https://www.raveis.com
    /prop/RX-11137702/1138russelldrive_highlandbeach_fl?source=qrflyer
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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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1138 Russell Drive, Highland Beach, FL, 33487

$899,999

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $719,999 $719,999 $719,999
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.000% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.214% 6.145% 5.846%
Monthly Tax Payment $404 $404 $404
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,145 $4,317 $5,931
Total Monthly Payment $4,641 $4,813 $6,427

* 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.