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Charming 1925 Spanish Mission home in the heart of the Southend! This updated compound in the Belair Historic District boasts a main house with two bedrooms, a sunny Florida Room, and updated full bath. The property also has a larger than usual detached guest cottage with another two bedrooms and full bath.
Upon arrival, you are welcomed by the graceful front porch to catch the breezes off the nearby waterfront. From there, you enter into the light and bright living area, complete with woodburning fireplace and the original Pecky Cypress wooden beams spanning the ceiling.
324 Pilgrim Road underwent extensive renovations in 2020 to update the property to update the systems and modernize the home to today's standards. With a layout made for entertaining, the living area flows easily through to the dining area and then to the kitchen which is updated with wood cabinetry and granite countertops. Stainless steel appliances from GE include a gas range to please the chef. Also off of the living area is the Florida Room which makes for the perfect sitting area but would also serve well as a den or home office. Both bedrooms are spacious and the full bath is up-to-date with clean lines accentuated by white tile and a glass shower enclosure.
A long paver brick drive allows for plenty of parking and leads to the porte-cochère where you can keep your car in the shade and out of the elements. The yard has room for a pool and a patio for outdoor living and al fresco dining. There is a shed for storage and paver walkways connecting the courtyard with home, the drive, and the guest cottage.
Pilgrim Road is in the popular South of Southern neighborhood - nicknamed SoSo - and is just a short jaunt of a couple blocks to Flagler Drive with its wide waterfront promenade perfect for walking the dog or riding your bicycle for miles in either direction along the Intracoastal Waterway. You are close to the design studios and antique shops along Dixie Highway and many restaurants including Howley's, the Dixie Grill & Brewery, Palm Beach Meats, Field of Greens and fine dining at La Sirena and Blue Door.
The Belair Historic District was the original section of SoSo to be developed, leading the way for all exciting activity that we continue to see to this day with people moving here to the south end neighborhood. In the 1890s, the first home was built here overlooking the land that was a pineapple farm until the 1920s when the lots began to be platted and homes began to be built in the beloved styles that we think of when we think of the "Old Palm Beach" charm, including Mediterranean Revival, Key West / Florida Vernacular, and the Spanish Mission style of this home on Pilgrim.
The Southend neighborhood has the Discovery Day School, Flagler Montessori, St. Juliana's School and 324 Pilgrim Road is in the desirable South Olive Elementary School district. It's an easy drive to Palm Beach Day Academy and Rosarian. The two parks in the neighborhood are South Olive Park with its beloved Tennis Center and Phipps Park, which has little league baseball and more. You are under 5 miles to Palm Beach International Airport or the Brightline Station or CityPlace or downtown West Palm and also close to the Southern Bridge to the island of Palm Beach where you can do everything from world-class shopping on Worth Avenue to just watching the warm waves break on the sand.
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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 | $1,036,000 | $1,036,000 | $1,036,000 |
| 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 | $943 | $943 | $943 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,721 | $6,046 | $8,465 |
| Total Monthly Payment | $6,789 | $7,114 | $9,533 |
* 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.