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Discover the ultimate coastal lifestyle at 3651 Palm Drive in Riviera Shores, one of West Palm Beach's most sought-after boating communities. Perfectly positioned on a quiet corner lot, this beautifully maintained 3-bedroom, 3-bath home sits just steps from the New Port Cove Marina and the Freedom Boat Club, ideal for anyone who loves life on the water.
Inside, the home features a spacious split floor plan, elegant hardwood flooring, granite countertops, stainless steel appliances, impact windows, and both a newer roof and AC system for peace of mind. The oversized 1-car garage offers room for your vehicle and a golf car, the favorite local ride to the marina and beach. . . . . . The exterior is just as impressive. Enjoy a lush tropical yard dotted with mature, fruit-bearing trees. There's ample space for boat storage or a future pool, giving this property incredible upside potential.
Located moments from the Intracoastal Waterway, Palm Beach Shores beaches, local dining, and shopping hotspots, this home combines relaxed waterfront living with city convenience. Whether you're an avid boater, an investor seeking opportunity, or someone dreaming of a serene yet connected coastal retreat, 3651 Palm Drive captures the best of South Florida living.
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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 | $880,000 | $880,000 | $880,000 |
| 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 | $576 | $576 | $576 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $4,859 | $5,135 | $7,190 |
| Total Monthly Payment | $5,560 | $5,836 | $7,891 |
* 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.