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This brand-new coastal-contemporary is designed for ease of living and highlighted by luxury finishes and move in ready! The feel is light, bright and breezy with a fresh, modern 'Now' vibe. Topped by a soaring 21-foot-high ceiling, the grand foyer, with a dramatic floating staircase, sets a sophisticated tone. Radiating effortless elegance, the adjoining principal rooms are organized in an open-concept layout with 10-foot ceilings, a neutral white color palette and 48'' x48'' large-format tile flooring. Open to the living and dining areas, the kitchen is centered on a cook's island and fitted with warm wood cabinets contrasted by clean, white uppers, quartz countertops, and premium Thermadore appliances including a wine cooler. Sliding glass doors in the living room to the loggia fully pocket away, visually and functionally amplifying the sense of space. With 5, 053± total square feet and five bedrooms in a split-bedroom plan, the primary suite, a serene retreat, is situated on the first floor. The suite, topped by a coved, backlit ceiling and featuring sliding doors to the pool area, comprises two custom-fitted walk-in closets and a spa-like bathroom with custom double vanities topped by solid-surface integrated sinks, backlit mirrors, expansive double-sized glass-enclosed shower with two shower heads, a freestanding soaking tub and a separate toilet room. Also on this level are a laundry room, a flexible guest-bedroom suite/office and two-car garage. Upstairs, serving three guest bedrooms, all with their own private en-suite baths, is the loft living area with sliding glass doors to the pool-view balcony. For added convenience is an additional laundry on the 2nd floor. Amenities include remote-controlled, fog-out/privacy film for the front-entry glass, impact windows and doors and metal roof. This luxe newly built residence is ready for immediate occupancy. Welcome to your dream home in the coveted Lake Ida neighborhood! LOCATION: 1408 Pine Lane, Delray Beach, Florida: Lush green parklands and scenic picnic areas are only part of Lake Ida's appeal. This coveted neighborhood also enjoys easy access to canoeing, kayaking, freshwater fishing; the highly acclaimed Delray Beach Playhouse; Delray Beach's historic downtown district, with an array of boutiques and bistros along vibrant Atlantic Avenue; and pristine Atlantic Ocean beaches just minutes away. PROPERTY: In the fenced backyard, the loggia, topped by a tongue-and-groove wood ceiling and featuring a fully equipped summer kitchen, flows out to the saltwater pool with a sun shelf inviting outdoor entertaining and relaxed leisure time. Additionally, the outdoor shower is convenient when returning from the beach.
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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 | $3,199,200 | $3,199,200 | $3,199,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.263% | 6.223% | 6.164% |
| Monthly Tax Payment | $1,674 | $1,674 | $1,674 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $18,670 | $19,439 | $26,997 |
| Total Monthly Payment | $20,469 | $21,238 | $28,796 |
* 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.