117 Lake Avenue, #204, Lake Worth, FL, 33460 | $765,000

| LUXURY NEW CONSTRUCTION CONDO LESS THAN ONE MILE FROM THE BEACH | Welcome to ALORA Luxury Residences, an exclusive boutique building showcasing just 12 contemporary units in the heart of Lake Worth Beach. This stunning 3-bedroom, 2-bath residence offers the perfect blend of modern design, premium finishes, and unbeatable convenience, located only moments from the beach and steps away from restaurants, golf courses, shops, entertainment, parks and the Intracoastal.
Inside, you'll find a bright, open layout enhanced by floor-to-ceiling impact windows, electric shades, and sleek tile flooring throughout. The spacious living area opens to a wraparound terrace, ideal for enjoying evening breezes or effortless indoor-outdoor entertaining. A built-in wet bar adds an elevated touch for hosting. The chef-inspired kitchen is equipped with Bosch appliances, a wall oven, premium cabinetry, quartz countertops, a large island, and soft-close drawers. A full-size washer and dryer are located inside the unit for added convenience. The building also includes a dedicated lobby area, bike racks, storage and private building-garage. Head up to the private rooftop, where you can soak in the sunset and Intracoastal views from the sparkling pool. Additional rooftop amenities include a summer kitchen, lounge seating, and plenty of space to relax or entertain. Experience luxury coastal living in a rare, intimate setting, all within minutes of everything this vibrant beachside community has to offer.

Features

  • Parking: Assigned, Garage
  • Heating: Central, Electric
  • Cooling: Central Air, Electric
  • Levels: 4
  • Amenities: Pool, Trash Chute
  • Rooms: 5
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Inside
  • Complex: Alora Luxury Condo
  • Development: Alora Luxury Condo
  • Year Built: 2023
  • Common Charge: $1,405 Monthly
  • Approx Sq. Feet: 1,580
  • Est. Taxes: $11,619
  • View: City
  • Elem. School: South Grade
  • Middle School: Lake Worth
  • High School: Lake Worth
  • Pet Policy: Yes, Breed Restrictions, Number Limit, Size Limit
  • Appliances: Electric Water Heater, Cooktop, Dryer, Disposal, Dishwasher, Microwave, Oven, Refrigerator, Water Heater, Washer
  • MLS#: R11144186
  • Website: https://www.raveis.com
    /prop/R11144186/117lakeavenue_lakeworth_fl?source=qrflyer
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Listing courtesy of Echo Fine Properties

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:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

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

Pedro DelgadilloInsurance Sales Director, William Raveis Insurance

305.922.5393

Pedro.Delgadillo@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

117 Lake Avenue, #204, Lake Worth, FL, 33460

$765,000

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 $612,000 $612,000 $612,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.375% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.324% 6.524% 5.846%
Monthly Tax Payment $968 $968 $968
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,620 $3,818 $5,041
Total Monthly Payment $4,680 $4,878 $6,101

* 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.