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Thoughtfully designed and ideally located, 160 Chilean offers elevated everyday living in the heart of Palm Beach Island. Situated on the ocean block just steps away from the beach, Intracoastal, and Worth Avenue. Renovated in 2024, this single-story 4BR, 3. 5BA residence features a primary suite, two large guest suites, and a custom bunk room with full-sized beds. The kitchen features premium Miele appliances and a luxury Lynx outdoor kitchen and dining area. Dual retractable Markilux awnings creates seamless indoor-outdoor living. Skylights bring natural light to the living room which opens up to a cozy den featuring a lovely birch log gas fireplace. The nearly 8, 000 sqft lot includes a Dominican Coral patio, manicured lawn, and PebbleTec pool with spa and sun shelf.
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Our Executive Mortgage Banker:
Our Insurance Division:
$11,995,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $9,596,000 | $9,596,000 | $9,596,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.362% | 6.385% | 6.223% |
| Monthly Tax Payment | $10,579 | $10,579 | $10,579 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $57,533 | $59,084 | $80,977 |
| Total Monthly Payment | $68,237 | $69,788 | $91,681 |
* 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.