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Fire Sale!! Under $300K beachfront condo! Opportunity knocks in the heart of South Palm Beach!! Buy your wife her dream condo on the beach in south florida! This spacious condo at the premier Patrician Building offers 1, 008 sq. ft. of bright, airy living space. Highlighted by a stunning remodeled kitchen and the rare convenience of 1. 5 baths, this unit is built for entertaining. Being sold fully furnished with impact windows and lots of storage! Relax on the gorgeous amenities deck with outdoor summer kitchen and turquoise pool area. . . all steps from the beach! The building boasts a recent 2019 roof, elegant lobby, elevator, glamorous glass balconies, fitness center, club room, and a stunning pool deck for resort-style living! The low HOA fee covers all assessments, maintenance, cable, water, management. The modern white hacker kitchen has plenty of granite counter space and top of the line stainless steel appliances for your inner chef to indulge and host! Located just a block from shopping, 5 star hotels such as the Eau Hotel & Four Seasons, with pristine beaches, and nearby golf and tennis clubs. Palm Beach is ultra safe with its own police and fire department. The area boasts a vibrant, active lifestyle with plenty of walking and jogging paths along beach road and minutes from the intracoastal and boating opportunities! Unit 320 presents a rare opportunity to own a stylish, fully furnished oceanfront home in a prime location. Welcome to your coastal paradise!
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Our Executive Mortgage Banker:
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $239,920 | $239,920 | $239,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 5.990% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.258% | 6.168% | 5.561% |
| Monthly Tax Payment | $321 | $321 | $321 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,381 | $1,437 | $1,929 |
| Total Monthly Payment | $1,777 | $1,833 | $2,325 |
* 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.