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Presented by
Gina McDonald - Gina McDonald Team |
This Seabreeze Avenue property perfectly blends timeless historic charm with modern functionality. Built in 1920, this spacious home has 5 bedrooms, 4 and a half bathrooms, and is ideally situated on a prime lot in one of the most sought-after in town neighborhoods on the island of Palm Beach.
The main house is designed with elegance and comfort in mind, featuring 3 bedrooms and 2 and a half bathrooms. The inviting layout includes a living room, a formal dining room, an enclosed wrap-around sunroom, and kitchen with top-of-the-line appliances. With 3, 598 total square feet, the home preserves its classic character while offering the conveniences of modern living. A dedicated laundry room adds practicality and convenience to the home.
A detached 2-car garage with a guest house above offers the perfect private retreat. The guest house includes 2 bedrooms, 2 bathrooms, a full kitchen, living room, dining area, and laundry ideal for hosting guests or providing independent living space for extended family.
The property is beautifully enhanced with tropical landscaping by Fernando Wong, creating a serene and private atmosphere. The main and guest houses are joined by a large covered seating area and private courtyard with fountain, that seamlessly flows from one house to the other, for the ideal outdoor entertaining space. Its unbeatable in-town location places you just moments away from the beach, restaurants, shopping, and the Lake Trail.
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$8,900,000
Sales Associate
William Raveis Real Estate
Phone: 860.712.8171
Gina.McDonald@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 860.463.1745
Russell.Baboff@raveis.com
NMLS Mortgage Loan Originator ID 1014636
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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 | $7,120,000 | $7,120,000 | $7,120,000 |
| 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 | $6,059 | $6,059 | $6,059 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $41,550 | $42,688 | $59,603 |
| Total Monthly Payment | $47,734 | $48,872 | $65,787 |
* 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.