42016 Jima Bay, Boynton Beach, FL, 33436 | $158,990

NO land lease and LOW HOA! Spacious and full of potential, this 2-bedroom, 2-bath home offers 1, 344 sq ft of living space, one of the largest two-bedroom floor plans in the Jamaica Bay 55+ community in Boynton Beach. Located at the end of a quiet cul-de-sac, the home offers added privacy and open green space to the rear. The interior is in original condition, providing a blank canvas to enjoy as-is, update gradually, or fully remodel. The expansive layout includes generous living and dining areas with excellent flow. Both bedrooms are well sized, with the primary suite featuring an en-suite bath. Jamaica Bay is a gated, resident-owned co-op community with no land lease. HOA is approximately $270 per month and includes pools, pickleball, bocce, fitness rooms, and an active social calendar. Convenient to shopping, dining, medical facilities, and beaches.

Features

  • Amenities: Billiard Room, Clubhouse, Dog Park, Fitness Center, Game Room, Laundry, Pool, Shuffleboard Court, Bocce Ball, Community Room, Pickleball Court(s), Street Lights
  • Rooms: 4
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Inside
  • Development: Jamaica Bay
  • Year Built: 1980
  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Approx Sq. Feet: 1,344
  • Acreage: 0.11
  • Est. Taxes: $636
  • HOA Fee: $270 Monthly
  • Lot Desc: Cul-De-Sac
  • View: Garden, Canal
  • Adult Communities: Yes
  • Water Front: Yes
  • Elem. School: Hidden Oaks K-8
  • Middle School: Congress
  • High School: Boynton Beach
  • Pet Policy: Yes, Number Limit, Size Limit, Pet Restrictions Possible
  • Appliances: Dryer, Washer
  • MLS#: RX-11159139
  • Website: https://www.raveis.com
    /prop/RX-11159139/42016jimabay_boyntonbeach_fl?source=qrflyer
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed.

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.

Anika CharronSenior Sales Associate

617.692.0010

Anika.Charron@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.

Mace L. RattetVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 69957

914.260.5535

Mace.Rattet@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

Francine SilbermanVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 69244

914.260.2006

Francine.Silberman@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

Alex FerroInsurance Sales Director, William Raveis Insurance

203.610.1536

Alex.Ferro@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

42016 Jima Bay, Boynton Beach, FL, 33436

$158,990

Anika Charron

Senior Sales Associate

William Raveis Real Estate

Phone: 617.692.0010

Anika.Charron@Raveis.com

Mace L. Rattet

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 914.260.5535

Mace.Rattet@raveis.com

NMLS Mortgage Loan Originator ID 69957

Francine Silberman

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 914.260.2006

Francine.Silberman@raveis.com

NMLS Mortgage Loan Originator ID 69244

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $127,192 $127,192 $127,192
Term 360 months 360 months 180 months
Initial Interest Rate** 5.250% 5.875% 5.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.112% 6.520% 5.415%
Monthly Tax Payment $53 $53 $53
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $702 $752 $1,014
Total Monthly Payment $830 $880 $1,142

* 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.