223 Atlantic Avenue, #3f, Palm Beach, FL, 33480 | $1,649,000

SUPERIOR IN-TOWN LOCATION dictates the desirability of this boutique mid-century with infrastructure improvements of new roof, new east and west facing roof decks, new lobby and hallways and public spaces. FRESH FRESH FRESH top to bottom!!

Unit #3F is a third floor 2 bedroom, 2 bath unit located on the sunny and breezy NE corner with a full wraparound balcony overlooking the exquisite lush estate properties of adjacent Dunbar Road. This unit has been FULLY renovated with a gorgeous new open kitchen, brand new stainless appliances, updated baths, smooth ceilings and full impact glass. It's READY TO GO! This unit has enjoyed an exceptional rental history and 223 Atlantic offers IMMEDIATE availability for rental following sale with TWO rentals per year. Excellent mixed use possibilities! One garage space and storage. NO assessments, flush financials and low monthly fees for the island. Walk to beach, intracoastal bike path, shopping at "The Royal", dining, HAPPY HOURS and Publix. Unbeatable location! It's a MUST SEE!

Features

  • Parking: Garage
  • Heating: Central Individual
  • Cooling: Central Individual
  • Levels: 5
  • Amenities: Elevator(s)
  • Rooms: 4
  • Bedrooms: 2
  • Baths: 2 full
  • Complex: PALM BEACH ATLANTIC CONDO
  • Year Built: 1979
  • Common Charge: $1,145 Monthly
  • Approx Sq. Feet: 953
  • Est. Taxes: $12,931
  • View: City, Garden
  • Pet Policy: No
  • Appliances: Electric Water Heater, Disposal, Dishwasher, Electric Range, Free-Standing Freezer, Microwave, Refrigerator, Water Heater
  • MLS#: RX-11144661
  • Website: https://www.raveis.com
    /prop/RX-11144661/223atlanticavenue_palmbeach_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.

Jean VangsnessLuxury Properties Specialist

978.618.4871

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

Joanne O'KeefeVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 38342

978.314.1072

Joanne.OKeefe@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

Nicole DelaneyInsurance Sales Director, William Raveis Insurance

781.724.3515

Nicole.Delaney@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

223 Atlantic Avenue, #3f, Palm Beach, FL, 33480

$1,649,000

Jean Vangsness

Luxury Properties Specialist

William Raveis Real Estate

Phone: 978.618.4871

Jean.Vangsness@Raveis.com

Joanne O'Keefe

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 978.314.1072

Joanne.OKeefe@raveis.com

NMLS Mortgage Loan Originator ID 38342

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,319,200 $1,319,200 $1,319,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 5.875% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.130% 5.984% 5.912%
Monthly Tax Payment $1,078 $1,078 $1,078
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,490 $7,804 $10,955
Total Monthly Payment $8,693 $9,007 $12,158

* 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.