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This is an exceptional opportunity to own a spacious five-bedroom, four-bathroom residence located on one of the larger lots in Boca Bath and Tennis Club, a highly desirable gated community with a central location. This ranch-style home greets you with high ceilings and offers stunning views of the expansive backyard from multiple rooms. The home features ample shared spaces, including a welcoming living room, a cozy family room complete with a wood fireplace, and a sizable bonus room that adds over 400 square feet of extra space. It is nestled on a remarkable, quiet 0. 57-acre lot with no rear neighbors. The inviting backyard boasts a spacious patio with two covered sections, a large pool, a built-in bar, and a beautifully landscaped garden area beyond the fence. Additional highlights include extensive closet and storage options, a generously sized laundry room, impact windows, and doors throughout, and an oversized two-car garage featuring impact garage doors. Boca Bath & Tennis is a 163-acre community which includes over 53 acres of 8 large parks and 3 lakes. The community features: 24/7 manned guard gate, 8 har-tru tennis courts, tennis pro-onsite, playground, volleyball & basketball courts, heated and cooled Olympic-size community pool, and pickleball. The Clubhouse is recently renovated and can be reserved for private parties. This is all located within minutes to Boca's beautiful beaches, dining, shopping, Town Center Mall, Mizner Park downtown Boca, I-95, and ''A 'rated public and private schools.
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William Raveis Real Estate
Phone: 888.699.8876
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $2,120,000 | $2,120,000 | $2,120,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 5.750% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.046% | 5.846% | 5.700% |
| Monthly Tax Payment | $1,240 | $1,240 | $1,240 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $11,707 | $12,372 | $17,322 |
| Total Monthly Payment | $13,072 | $13,737 | $18,687 |
* 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.