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Beyond exquisite and calling those who appreciate only the finest. This exclusive and rare direct oceanfront designer renovated townhome is the definition of coastal luxury. Airy, light and bright, this 3 bedroom/2. 5 bath, 3 level home underwent a total renovation, completed in 2022, with no detail overlooked and only the finest materials and craftsmanship used. Every aspect has been luxuriously touched with a designer's eye and updated to state-of-the-art. Feeling like a new construction single family home and coupled with with benefit of condo amenities, you have access to the Ocean Terrace fitness club, refurbished pool and pool deck, club room and private beach access directly out you back door. Situated directly on the sand, with beach access directly out your backdoor via your private oceanfront patio, you will enjoy spectacular, panoramic ocean views from all three floors with an abundance of natural light and great energy. Features Include: - Custom kitchen European-Style flat front cabinets with extension bar and Pompeii Greylac Quartz on kitchen island and backsplash - High-end luxury Jennair Noir appliances (fully integrated French Door refrigerator with obsidian interior, induction cooktop, microwave oven with speed-cook, wall oven with vertical dual-fan convection system, dishwasher) - Side-by-side Zephyr wine cooler and beverage cooler in bar area - Newer Rheem hot water heater - Newer commercial grade A/C system with anti-microbial super duct and contemporary linear vents installed throughout - Porcelain wood-plank tile throughout - Custom glass railings - Porcelain tile bathrooms with custom glass enclosures, body sprayers, and rain systems - Contemporary Primary Bathroom with open concept, bidet, and free standing tub with ocean views - Primary Bedroom includes custom built TV wall unit with European-Style flat front cabinets and Zephyr beverage bar refrigerator - Custom veneered floating vanities in all bathrooms with apron Pompeii Quartz countertops - High reflective white Eco Ceilings on all 3 levels for vapor & sound barrier and ocean reflections - Custom library nook under stairs - Custom veneered closet systems in all bedroom closets and ample linen storage - 2nd floor newer LG Washer/Dryer - 3-panel solid contemporary style interior doors throughout - 4" rectified door casings and 6" rectified baseboards throughout - Newer fire sprinkler system throughout - Impact windows and doors throughout - Ground level patio with beach access and oversized balcony off of the Primary Suite providing amazing outdoor living and entertaining options Ocean Terrace North is one of the few pet-friendly coastal buildings in the area, offering a rare opportunity to enjoy seaside living without compromise. This residence includes one assigned parking space and is ideally situated in Highland Beach directly between Delray Beach and Boca Raton, providing effortless access to premier shopping, acclaimed restaurants, outdoor recreation, and convenient interstate access.
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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 | $3,196,000 | $3,196,000 | $3,196,000 |
| 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 | $1,885 | $1,885 | $1,885 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $19,162 | $19,678 | $26,970 |
| Total Monthly Payment | $21,172 | $21,688 | $28,980 |
* 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.