35 Somerset B, West Palm Beach, FL, 33417 | $150,900

Beautiful expansive lake views from this 2-bedroom, 2 full baths condo on the second floor of a well-kept and well-funded association. Watch the sailboats, local wildlife, or fish from your backyard. Highly desirable Somerset section that features a lovely pool, tennis, and pickle ball courts. Both bedrooms have gorgeous water views and have access to the screened lanai. The kitchen features newer appliances and granite countertop, tile backsplash, and recently installed Maytag dishwasher. Century Village Is a resort style, 55+ community with so much to offer. . . you will be proud to call this home. Welcome to the paradise of South Florida, resort-style social living at its absolute best. When you become the proud owner of a Century Village condominium, you begin the journey to experience the distinct Century Village "way of life" with luxurious recreational facilities and abundant social activities. Century Village West Palm Beach is an age restricted (+55) active adult community with 24- hour security and manned gated entrances. Century Village is situated on 29 acres, securely fenced just East of Florida's Turnpike with its two manned gates, one located on Okeechobee Blvd. and East Drive, and another on Haverhill Road and Century Blvd. Century Village is within 5 miles of the Palm Beach International Airport, Florida's Turnpike is less than one mile, I-95 is only three miles away, the Intracoastal waterway, and our pristine world-famous beaches are within 8 miles. Also within 5 miles is Rosemary Square (AKA City Place), our downtown entertainment, dining, and shopping hot spot. Palm Beach, one of the most beautiful and desirable locations in the world, is within a 20-minute drive. The Village boasts 7, 854 units in 356 buildings with 309 associations (corporations). There is no master association which is unique in the state of Florida. Rather, the United Civic Organization (UCO) acts as an advisory group to the associations which send delegates to UCO meetings. The community newspaper is the UCO Reporter which is operated by the UCO Board. The magnificent 92, 000 square foot Clubhouse features amenities including barber, beauty parlor, fitness center, theater, billiards, library, card playing and activity rooms, as well as an indoor pool and saunas. The newly remodeled 1209-seat theater hosts current run movies and live entertainment. Free private bus transportation within the village as well as frequent trips to shopping venues and other activities outside of the village. There are fifteen pools ensuring everyone has the possibility of living within walking distance to a pool. Other activities include tennis, petanque, shuffleboard, biking, sailing, canoeing, or just riding around in your golf cart. There is even an on-site drug store, limited medical services and free ambulatory services. The restoration of the clubhouse (which was damaged by Hurricane Frances) took many months and approximately 6 million dollars to complete. Most impressive is that this renovation required no special assessments to the members. The building is now complete and boasts a magnificent theater offering live shows by well-known entertainers and current run movies. There is a large party room that seats 512 people with a large dance floor and stage, card room, meeting rooms, hobby and craft rooms, billiard room, sewing room, music room, two exterior swimming pools and one indoor heated saltwater swimming pool, as well as shuffleboard, handball, bocce, and racquet ball courts. This beautiful new building was completely remodeled, upgraded and rebuilt to current code, including impact windows so there is no need for hurricane shutters on the building. The clubhouse is not owned by the associations, but by Beneson Capital Partners in New York, and is managed by WPRF, Inc. In addition to the clubhouse there is a large fitness center in the Hastings section of the Village that has free weights, exercise classes, various exercise machines, a resistance pool, and a regular swimming pool where water aerobics are offered. Also, for our residents we have a courtesy bus system which takes residents throughout the Village as well as to nearby stores, malls, restaurants, houses of worship and various excursions. While there are no restaurants in the Village there is a Walgreen's Drug Store, a hair salon and a doctor's office.

Features

  • Parking: Assigned, Deeded, Guest
  • Heating: Electric, Central Individual
  • Cooling: Ceiling Fan(s), Electric, Central Individual
  • Levels: 2
  • Amenities: Boating, Billiard Room, Clubhouse, Elevator(s), Fitness Center, Game Room, Indoor Pool, Jogging Path, Parking, Pool, Sauna, Tennis Court(s), Workshop Area, Bocce Ball, Courtesy Bus, Library, Pickleball Court(s)
  • Rooms: 4
  • Bedrooms: 2
  • Baths: 2 full
  • Complex: SOMERSET CONDOS
  • Development: Century Village
  • Year Built: 1972
  • Common Charge: $594 Monthly
  • Approx Sq. Feet: 874
  • Est. Taxes: $746
  • View: Lake
  • Adult Communities: Yes
  • Water Front: Yes
  • Pet Policy: No
  • Appliances: Electric Water Heater, Dishwasher, Electric Range, Microwave, Refrigerator, Water Heater
  • MLS#: R11144916
  • Website: https://www.raveis.com
    /prop/R11144916/35somersetb_westpalmbeach_fl?source=qrflyer
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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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35 Somerset B, West Palm Beach, FL, 33417

$150,900

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 $120,720 $120,720 $120,720
Term 360 months 360 months 180 months
Initial Interest Rate** 5.990% 6.375% 5.490%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.370% 6.524% 5.730%
Monthly Tax Payment $62 $62 $62
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $723 $753 $986
Total Monthly Payment $860 $890 $1,123

* 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.