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From the wood-paneled kitchen to appliances that have clearly stood the test of time (and then some), this 2BD/2BTH is serving up vintage charm in all the right ways — and by ''charm, '' we mean great bones, unbeatable location, and a blank canvas for someone ready to roll up their sleeves. Perched six floors above the lake, the views are absolutely breathtaking and worth every step of the renovation journey. The layout is solid, the space is generous, and the potential is undeniable — this is your chance to create your own Delray Beach lifestyle exactly the way you want it. Bring ALL OFFERS! The building sits directly across from the clubhouse and pool, making it easy to enjoy the community amenities, which include a pool, fitness center, billiards, shuffleboard, and social room all just steps from your front door. And when you're ready to venture out, you're minutes from Atlantic Ave, downtown Delray Beach, beautiful beaches, shopping, dining, and nightlife. Is it move-in ready? Not for most. Is it an incredible opportunity for someone who doesn't mind getting a little dirty to get exactly what they want? Absolutely. Priced accordingly and full of potential bring all offers and bring your imagination.
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Our Executive Mortgage Banker:
Our Insurance Division:
$145,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $116,000 | $116,000 | $116,000 |
| 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 | $225 | $225 | $225 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $714 | $732 | $963 |
| Total Monthly Payment | $1,014 | $1,032 | $1,263 |
* 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.