3115 S Ocean Boulevard, #1104, Highland Beach, FL, 33487 | $1,485,000

DIRECT, UNOBSTRUCTED PANORAMIC OCEANFRONT, Serene Retreat: Experience true beachfront lifestyle in this exquisite, Southeast Corner, DIRECT ocean facing, 3 bedroom/2. 5 bath condo directly on the sand in prestigious Highland Beach. Relax as soon as you step into this lower penthouse residence, with sweeping, calming views of the Atlantic Ocean from every room and balcony. Wake up to the serenity of gently breaking waves and stunning sunrises. Segue into tranquil moonlit ocean nights with enchanting twinkling city lights and sunset views, west. Put on your flip flops and saunter down to your exclusive beach—for relaxed sunbathing and swimming or for evening moonlit strolls. This enticing condo is airy, light, and bright. It features new AC and water heater, seamless flow between living, dining, and kitchen areas, with casual, kitchen-bar and bistro-style seating as well as more formal dining for 8-10. . . and endless, magnetic ocean views & sounds. The spacious primary suite has its own "Juliet" balcony for private reflective moments, a large en-suite bathroom, and his/hers walk-in closets with fully-mirrored dressing area. Two more ocean-facing bedrooms each have their own special touches with large shared Jack-and-Jill bathroom. There is an additional half bath/powder room adjacent. Hurricane-impact windows and doors. 2 deeded prime-location, covered & gated parking spaces. Savor morning coffee or evening cocktails on your private oceanfront balcony, lounge at the resort-style pool or on your exclusive beach, or take a 5 minute stroll along the water's edge to the Delray Sands Hotel oceanfront Latitudes Bar and Fine Dining Restaurant. This boutique condo community offers a host of other amenities, including a fully, well-equipped, fitness center suitable for general wellness to elite performance, doormen, 24-hour high-tech keyless access system, private beach access with building-exclusive chairs and loungers, new beach shower area, car wash area, sauna, ev plug access, club room, individual, secured storage areas for each condo, PET FRIENDLY, AND ABLE TO BE RENTED IMMEDIATELY. Ocean Terrace North has completed its multi-million dollar concrete restoration and has many renovated interior and exterior features. Additionally, Milestone Phase 1 work is completed and Structural Integrity Reserve Study (SIRS) work is up to date. Ocean Terrace North is perfectly situated on the sand and with easy access to Boca Raton, Delray Beach, Ft. Lauderdale and Palm Beach dining, shopping, entertainment options, and international airports. This is the perfect opportunity to own your own exclusive piece of paradise without compromise. Don't miss out on this rare oceanfront gem!

Features

  • Parking: Covered, Guest, Garage, Attached Garage
  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Levels: 12
  • Amenities: Elevator(s), Fitness Center, Picnic Area, Pool, Sauna, Storage, Manager On Site, Trash Chute, Bike Storage, Community Room
  • Rooms: 6
  • Bedrooms: 3
  • Baths: 2 full / 1 half
  • Laundry: Laundry Closet, Inside
  • Complex: OCEAN TERRACE NORTH CONDO
  • Year Built: 1981
  • Common Charge: $3,432 Monthly
  • Approx Sq. Feet: 1,852
  • Est. Taxes: $11,216
  • View: City, Ocean
  • Water Front: Yes
  • Elem. School: J. C. Mitchell
  • Middle School: Boca Raton Community
  • High School: Boca Raton
  • Pet Policy: Yes, Number Limit, Size Limit
  • Appliances: Electric Water Heater, Dryer, Disposal, Dishwasher, Electric Range, Free-Standing Freezer, Microwave, Refrigerator, Water Heater, Washer
  • MLS#: R11153802
  • Website: https://www.raveis.com
    /prop/R11153802/3115soceanboulevard_highlandbeach_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:

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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

Pedro DelgadilloInsurance Sales Director, William Raveis Insurance

305.922.5393

Pedro.Delgadillo@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

3115 S Ocean Boulevard, #1104, Highland Beach, FL, 33487

$1,485,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,188,000 $1,188,000 $1,188,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.750% 6.000% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.251% 6.110% 6.097%
Monthly Tax Payment $935 $935 $935
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,933 $7,123 $9,945
Total Monthly Payment $7,993 $8,183 $11,005

* 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.