|
Presented by
Ilya Cobi |
Introducing 123 Ocean. Oceanfront Serenity. Elevated Palm Beach Shores Living. Featuring an inviting open-plan layout with a wraparound terrace, this brand new 3-bedroom, 3. 5-bathroom beach house offers a timeless coastal lifestyle close to dining, marinas, and stunning beaches. Exclusive ocean access comes via a dedicated direct walkway to the sand. White oak, woven straw, and soft brass create a refined interior aesthetic, while a direct elevator vestibule, split-wing bedrooms, and a limited number of homes per floor maximize privacy. Here, the ebbs and flows of daily life feel effortless, private, and composed. Nothing is excessive. Everything is intentional. An elegant foyer with a convenient powder room flows into a sun-splashed living room, dining room, and kitchen with a wet bar and two exposures. Sliding doors reveal a beautiful terrace with a summer kitchen, creating a seamless villa-in-the-sky indoor-outdoor experience. Residents can choose between two kitchen schemes suited to their lifestyle, needs, and personal tastes. Both minimalist styles are anchored by a sculptural stone peninsula and boast premium stone backsplashes, custom wood-veneer cabinetry, a walk-in pantry, and fully integrated Gaggenau appliances. The king-size primary suite enjoys a luxurious walk-in closet, a supplementary reach-in closet, and a sanctuary-like spa bathroom with a richly veined porcelain feature wall, a custom wood and stone double vanity, curved mirrors and lighting, polished metal fixtures, wall niches with built-in lighting, light-diffusing textured glass partitions, and a walk-in rainfall shower. The bright second and third bedrooms include reach-in closets and pristine en-suite bathrooms with a deep soaking tub or walk-in shower. Finishing the home is a thoughtful laundry room with a utility sink, storage, and a side-by-side Bosch washer and dryer. 123 Ocean is an exclusive six-story oceanfront boutique residential collection brought to life by an all-star team consisting of Lionbright Development, Arquitectonica, Asthetique, and Naturalficial. Gorgeous amenities range from arrival and building services to curated wellness and lounge spaces. Residents are welcomed by a refined porte cochère and a 24/7 attended lobby with a dedicated mail and package room. Covered underground parking is secure and maintains an elevated pedestrian environment. The resort-style pool and sun deck are gorgeous communal escapes, and the boutique fitness studio is complemented by an infrared sauna, ice bath, and treatment area. Additional highlights include a resident lounge, children's playroom, media room, and conference room. Numerous restaurants and shops are moments away, and Palm Beach City Center and Palm Beach International Airport are just a 20-minute drive.
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$5,607,000
Broker Associate
William Raveis Real Estate
Phone: 617.943.6503
Ilya.Cobi@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 617.281.4872
Kate.Rockett@raveis.com
NMLS Mortgage Loan Originator ID 1500191
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $4,485,600 | $4,485,600 | $4,485,600 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.362% | 6.385% | 6.223% |
| Monthly Tax Payment | $0 | $0 | $0 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $26,893 | $27,619 | $37,852 |
| Total Monthly Payment | $27,018 | $27,744 | $37,977 |
* 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.