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Presented by
The Source Team |
Skip the wait for new construction and move right into one of Boca Raton's most desirable modern luxury communities. This impressive two-story GL Homes residence features soaring ceilings and a dramatic staircase, setting the stage for elegant living. With 5 oversized bedrooms, 5. 1 bathrooms, a spacious loft, and a 3-car garage, the home offers approx. 3, 800 sq. ft. of bright, sophisticated space. Designed for both comfort and style, the open layout is perfect for entertaining or relaxing. Enjoy resort-style amenities, top-rated schools, and the vibrant Boca Raton lifestyle—all within this exclusive GL Homes community. Beautifully upgraded throughout, the home includes two new AC units, a new washer and dryer, custom built-in closet shelving, an elegant bar area, refined stair finishes, and a covered patio equipped with gas and water hookups. The property is also pool-ready, with all necessary connections and permits already paid and in place. The first-floor primary suite offers desirable privacy and convenience, while the heart of the home showcases abundant natural light, modern design elements, and a gourmet kitchen featuring an oversized island and luxurious designer finishes. Residents of Lotus Edge enjoy an unparalleled lifestyle with a 39, 000 sq. ft. clubhouse, gourmet restaurant, full fitness center, tennis and pickleball courts, and a dynamic calendar of social eventsall within a secure, gated community. This is a rare chance to own a brand-new, move-in-ready luxury home in Boca Raton's most exciting new enclavean offering not to be missed.
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Our Executive Mortgage Banker:
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$1,997,000
Licensed Real Estate Salespersons
William Raveis Real Estate
Phone: 914.645.7157
TheSourceTeam@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 302.293.7433
Brian.Shahwan@raveis.com
NMLS Mortgage Loan Originator ID 2166562
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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 | $1,597,600 | $1,597,600 | $1,597,600 |
| 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 | $1,793 | $1,793 | $1,793 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $9,197 | $9,578 | $13,160 |
| Total Monthly Payment | $11,115 | $11,496 | $15,078 |
* 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.