485 E Royal Palm Road, #403, Boca Raton, FL, 33432 | $22,000

ROYAL PALM RESIDENCES is an exclusive enclave at the very heart of Downtown Boca Raton. Just steps from Boca Raton's finest restaurants and luxury boutiques, moments over the Intracoastal bridge to the beach, and adjacent to the renowned Boca Raton Club, this location is truly unparalleled. This beautifully appointed 3 bedroom, 3. 1 bath plus den features expansive terraces and embodies refined indoor-outdoor living. One of the few buildings to offer gas cooktop and built-in Wolf gas grill on the terrace, ideal for effortless entertaining. A private elevator provides direct entry into the residence. Amenities include a grand lobby with 24 hour concierge, valet service, club room, pool and spa, and a fully equipped fitness center. A perfect blending of all that Boca Raton has to offer. Some tenant light fixtures will be excluded and removed.

Features

  • Type: Condominium
  • Amenities: Elevator(s), Fitness Center, Pool, Storage, Manager On Site, Community Room
  • Rooms: 6
  • Bedrooms: 3
  • Baths: 3 full / 1 half
  • Laundry: Inside
  • Development: ROYAL PALM RESIDENCES
  • Year Built: 1986
  • Garage: 2-car
  • Heating: Central, Electric, Zoned
  • Cooling: Central Air, Electric, Zoned
  • Approx Sq. Feet: 2,262
  • Elem. School: Boca Raton
  • Middle School: Boca Raton Community
  • High School: Boca Raton
  • Pet Policy: No
  • Appliances: Electric Water Heater, Dryer, Disposal, Dishwasher, Microwave, Oven, Refrigerator, Water Heater, Washer, Range, Freezer
  • Tenant Pays: Electricity
  • MLS#: R11148521
  • Website: https://www.raveis.com
    /prop/R11148521/485eroyalpalmroad_bocaraton_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.

Customer Service

888.699.8876

Contact@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.

Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@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

Joseph HartleyInsurance Sales Director, William Raveis Insurance

954.729.6530

Joseph.Hartley@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

485 E Royal Palm Road, #403, Boca Raton, FL, 33432

$22,000

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 $17,600 $17,600 $17,600
Term 360 months 360 months 180 months
Initial Interest Rate** 6.250% 6.490% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.474% 6.640% 5.972%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $108 $111 $146
Total Monthly Payment $183 $186 $221

* 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.