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Welcome to 2415 S Flagler Drive, a newly constructed Monterey-style residence on the Intracoastal in historic El Cid. Nearly 6, 000 sq. ft. under air, the home features a bright foyer, formal living room with marble fireplaces, and a chef's kitchen with Sub-Zero and Wolf appliances, natural stone counters, custom cabinetry, and an oversized island opening to the family room. Additional spaces include formal dining, a wine cellar, office, and media room. With 5 bedrooms and 7. 1 baths, plus a tranquil primary suite, this home is perfect for guests and entertaining. Also offered are automated Lutron window treatments and integrated home automation. Outdoor living includes a Euro-edge pool, cabana, loggia, and summer kitchen. About 5 minutes from downtown WPB and Palm Beach. Welcome to 2415 S Flagler Drive, a newly constructed Monterey-style home on the Intracoastal in the sought-after historic El Cid neighborhood. With nearly 6, 000 sq. ft. under air, this residence combines classic architecture with modern finishes and a thoughtful, livable layout. The main level features a bright foyer, a formal living room with marble fireplaces, and stunning views of the water. The chef's kitchen is equipped with Sub-Zero and Wolf appliances, natural stone countertops, custom cabinetry, and a large island that opens to the family room. The home also includes a formal dining room, a temperature-controlled wine cellar, a dedicated office, and a media room. With 5 bedrooms and 7. 1 bathrooms, the property provides flexibility for up to six en-suite bedrooms. Each room offers generous closets and beautifully designed bathrooms. The primary suite includes a sitting room, a spa-style bath, and tranquil Intracoastal views. Dual laundry rooms add convenience. Outdoor living is at the forefront with a Euro-edge pool, cabana, covered loggia, and a complete summer kitchenideal for entertaining. The cabana also functions as a separate guest house, creating additional options for visitors or long-term stays. Just 5 minutes to downtown West Palm Beach and the island of Palm Beach, beaches, parks, and restaurants, this home delivers exceptional coastal living in one of the area's most desirable neighborhoods with classic historic charm.
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RVP, Mortgage Banker
William Raveis Mortgage, LLC
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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 | $17,520,000 | $17,520,000 | $17,520,000 |
| 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 | $8,538 | $8,538 | $8,538 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $100,855 | $105,041 | $144,318 |
| Total Monthly Payment | $109,518 | $113,704 | $152,981 |
* 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.