7446 W Mercada Way, Delray Beach, FL, 33446 | $499,000

Experience the Delray Beach lifestyle in Valencia Falls offering first class resort-style amenities. This beautifully maintained rarely offered lakefront Ritz model is move in ready! Situated on a quiet tree lined street with the absolute best wide lake views from the living areas & primary bedroom. Tranquil and relaxing oversized L-shaped lanai with sweeping lake views perfect for entertaining and dining al-fresca. Desirable split bedroom floorplan with neutral tile. White kitchen with granite countertops/backsplash & breakfast area. Large greenspace side easement lets the sun shine in. Wake up to the sweeping lake vistas from your primary suite offering a tray ceiling, two walk-in closets, primary bath with dual sink vanities, soaking tub & separate shower. Full accordion shutters. Residents will enjoy freshly renovated stunning resort style amenities boasting an onsite cafe offering sit down service, tennis/pickleball, state of the art fitness center and a fabulous heated & chilled sparking pool plus a resistance pool. Unwind and take the stress away in the soothing hot tub. A plethora of clubs to join and make new friends. Card rooms, billiards, a ballroom and a playground for the grandkids to enjoy. Perfectly located in central Delray Beach close to the famed Downtown Atlantic Avenue, top notch dining, the best shops, and of course Delray's beautiful wide sandy beaches. Live where others vacation! 24 hour gated security. AC REPLACED IN 2023

Features

  • Amenities: Billiard Room, Clubhouse, Fitness Center, Jogging Path, Playground, Pool, Sauna, Shuffleboard Court, Spa/Hot Tub, Tennis Court(s), Manager On Site, Bocce Ball, Cafe/Restaurant, Internet Included, Pickleball Court(s), Putting Green, Sidewalks
  • Rooms: 7
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Inside
  • Style: Mediterranean
  • Year Built: 2002
  • Garage: 2-car Attached
  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s)
  • Approx Sq. Feet: 1,837
  • Acreage: 0.13
  • Est. Taxes: $4,073
  • HOA Fee: $794 Monthly
  • View: Garden, Lake
  • Adult Communities: Yes
  • Water Front: Yes
  • Pet Policy: Yes, Breed Restrictions, Number Limit, Pet Restrictions Possible
  • Appliances: Electric Water Heater, Dryer, Disposal, Dishwasher, Electric Range, Microwave, Refrigerator, Water Heater, Washer
  • MLS#: RX-11138808
  • Website: https://www.raveis.com
    /prop/RX-11138808/7446wmercadaway_delraybeach_fl?source=qrflyer
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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.

Customer Service

888.699.8876

Contact@raveis.com

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

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

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
  • 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

Joseph HartleyInsurance Sales Director, William Raveis Insurance

954.729.6530

Joseph.Hartley@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

7446 W Mercada Way, Delray Beach, FL, 33446

$499,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $399,200 $399,200 $399,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.250% 5.875% 5.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.112% 6.520% 5.415%
Monthly Tax Payment $339 $339 $339
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,204 $2,361 $3,183
Total Monthly Payment $2,618 $2,775 $3,597

* 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.