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REDUCED! MOTIVATED SELLER! BRAND-NEW ROOF BEING INSTALLED! Welcome to Emerald Point, a resort-style gated 55+ community. This highly desirable villa offers 2 bedrooms plus a den and a one-car garage, featuring vaulted ceilings, recessed lighting, and Hunter Douglas window treatments throughout. The home includes beautifully updated bathrooms with a walk-in shower, and the second bedroom features a built-in Murphy bed, ideal for guests or a home office. The kitchen is a true highlight with soft-close drawers, granite countertops, over- and under-cabinet lighting, instant hot water with hot and cold filtered options, two pantries with sliding drawers, pot drawers, a built-in desk area, and a new garbage disposal. Impact sliding doors lead to an extended paver patio overlooking a serene green-space backyard with no rear neighbors, providing added privacy and natural light, and the corner location offers even more privacy. The A/C and water heater are only 3 years old. Resort-style amenities include a clubhouse, game room, fitness center, pool, tennis courts, shuffleboard, and scenic bike and jog paths. Ideally located near the Florida Turnpike and just minutes from downtown Delray Beach, top restaurants, shopping, and beaches, this villa offers convenience and lifestyle. The association covers roof maintenance, lawn care, exterior maintenance, insurance, internet, water, cable, roads, alarm systems, and community amenities. Don't miss this rare opportunity to own a slice of paradise in Emerald Point!
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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 |
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|---|---|---|---|
| Loan Amount | $291,996 | $291,996 | $291,996 |
| 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 | $109 | $109 | $109 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,612 | $1,727 | $2,328 |
| Total Monthly Payment | $1,796 | $1,911 | $2,512 |
* 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.