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Presented by
The Ferguson Team |
Tucked away on one of SOSO's most desirable streets, just south of Southern and east of Olive, 244 Cortez Road is now fully completed, revealing a residence that balances timeless architecture with a more modern, livable elegance. Set on an extra-deep 139' lot with rear alley access, the property offers a rare sense of privacy and solitude, with no rear neighbor and a beautiful sunlit backyard framed by a detached, air-conditioned 2. 5-car garage. This spacious garage is ideal not only for parking, but could easily double as a gym, studio, or additional recreational space. A separate one-bedroom guest suite or cabana with full bath enhances the flexibility of the layout, creating a true compound-like feel to this residence. Inside, the home unfolds with a natural flow designed for both everyday living and elevated entertaining. Formal living and dining rooms offer a more traditional sense of arrival, while the expansive kitchen and family room open seamlessly to the outdoor living areas, creating a layout that feels both connected and distinct. Soaring ceiling heights, abundant natural light, and elevated finishes, including mahogany entry and interior French doors, add warmth and architectural presence throughout. The primary suite is complemented by a large sun terrace and beautifully appointed all marble bath with an immense spa like shower, separate his/her water closets. Other baths are also thoughtfully curated featuring handmade Zia tile and tiles from Ann Sacks tile and the Cement Tile Shop, each space thoughtfully designed with a refined, collected aesthetic. Outdoors, the entertaining areas are designed for effortless enjoyment. The pool comes complete with app-controlled systems allowing for full remote management of lighting, features, and ambiance. A full-house and garage generator adds an additional layer of comfort and peace of mind. Now complete, this is a rare opportunity to own a move-in-ready, design-forward new construction in West Palm, where privacy, quality, and location come together in a way that is increasingly hard to find.
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$5,995,000
Sales Associate
William Raveis Real Estate
Phone: 843.301.4460
TheFergusonTeam@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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $4,796,000 | $4,796,000 | $4,796,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.362% | 6.361% | 6.183% |
| Monthly Tax Payment | $1,457 | $1,457 | $1,457 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $28,754 | $29,530 | $40,471 |
| Total Monthly Payment | $30,336 | $31,112 | $42,053 |
* 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.