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Discover prime waterfront real estate in Delray Beach at this deepwater property in the highly desirable Tropic Isle boating community! This rare offering delivers 90 ft of deepwater frontage, no fixed bridges and direct ocean access via the Boca Raton or Boynton Beach inlets--an exceptional asset for serious boaters seeking a premier South Florida waterfront lifestyle. Positioned for both developers and end-users, this 3BR, 2BA pool home offers strong value with significant upside potential. Open floor plan includes spacious living areas, split-bedroom layout for privacy and bright open kitchen with stainless appliances and granite countertops. Primary suite features dual sinks, granite vanity, frameless glass shower and generous closet space. Second bath functions as cabana bath with
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$2,275,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@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 | $1,820,000 | $1,820,000 | $1,820,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.241% | 6.110% | 5.972% |
| Monthly Tax Payment | $2,256 | $2,256 | $2,256 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $10,334 | $10,912 | $15,113 |
| Total Monthly Payment | $12,715 | $13,293 | $17,494 |
* 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.