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Experience luxury living in this beautifully renovated 2 bedroom plus den condo in Townsend Place. Perfectly positioned with East exposure from your expansive 500+ sq ft terrace, this residence offers the convenience of being on the same level as the pool deck while maintaining your privacy with the lush landscaping surrounding it. The residence has been meticulously renovated, including a gourmet kitchen with sleek modern cabinetry, snack bar, & stainless steel appliances, new a/c, only a year old. 10-foot ceilings, complemented by automatic blinds in the living/dining areas, hurricane impact-resistant glass throughout for your peace of mind. This lives like a single-family residence while offering the convenience & maintenance-free lifestyle of condominium living. Seller wants offers! Townsend Place offers an unparalleled lifestyle in one of Downtown Boca Raton's most prestigious condominium buildings. Ideally situated between the famed Boca Raton Resort and the vibrant Royal Palm Plaza shopping area, this full-service luxury residence exudes quality and sophistication. Enjoy the convenience of 24-hour gated security, a 24-hour service desk, concierge services, and valet parking. Indulge in the resort-style amenities, including a fabulous pool area with stunning golf course views, a state-of-the-art gym, and relaxing sauna and steam room facilities. Building has 8 EV chargers in the garage. Townsend Place is where elegance meets convenience, offering everything you need for a sophisticated downtown lifestyle.
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RVP, Mortgage Banker
William Raveis Mortgage, LLC
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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 | $1,180,000 | $1,180,000 | $1,180,000 |
| 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% | 6.361% | 6.183% |
| Monthly Tax Payment | $934 | $934 | $934 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,075 | $7,265 | $9,958 |
| Total Monthly Payment | $8,134 | $8,324 | $11,017 |
* 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.