1208 Marine Way, #G4, North Palm Beach, FL, 33408 | $515,000

This is not just a condo, it's one of the most exclusive waterfront opportunities in all of Old Port Cove. One of only 14 coveted garden-style residences, this exceptionally rare offering lives like a private villa with no neighbors above or below, a true unicorn in waterfront condominium living. From the moment you step onto your expansive 50-foot covered balcony, you're met with sweeping views of the sparkling Lake Worth Lagoon, million-dollar vistas that feel endless and ever-changing. Sunrise coffees, evening cocktails, boat watching, ocean breezes, this is the South Florida lifestyle at its finest.
Boating enthusiasts will appreciate the ability to rent a boat slip at the nearby Safe Harbor Marina, located just outside your door, offering effortless access to the Intracoastal and beyond. Enjoy waterfront dining at Belle's, the onsite restaurant just a short stroll away, or take advantage of the scenic two-mile walking trail that winds along the water, all privately nestled behind the gates of Old Port Cove. Perfectly positioned just steps from the pool and tennis courts, yet tucked away for privacy, this residence offers the best of both worlds. Assigned covered garage parking adds convenience and peace of mind. Inside, the thoughtfully designed split floor plan features an open great room ideal for entertaining and two generously sized primary suites, creating comfort and flexibility for guests. Tile flooring flows throughout, complemented by impact windows, granite kitchen countertops, elegant crown molding, and a sleek, space-saving all-in-one washer-dryer. Furniture may be included, offering a seamless, turnkey opportunity for the discerning buyer seeking immediate enjoyment. Opportunities like this rarely come available and almost never with this level of privacy, exclusivity, boating access, and unobstructed million-dollar views of the shimmering Lake Worth Lagoon, a rare waterfront vantage point few ever get to own.

Features

  • Parking: Assigned, Covered, Garage
  • Heating: Central
  • Cooling: Central Air, Ceiling Fan(s)
  • Levels: 1
  • Amenities: Elevator(s), Jogging Path, Parking, Pool, Tennis Court(s), Cafe/Restaurant, Community Room, Sidewalks
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Laundry Closet, Inside
  • Complex: Old Port Cove
  • Development: Old Port Cove
  • Year Built: 1971
  • Common Charge: $1,151 Monthly
  • Approx Sq. Feet: 1,382
  • Est. Taxes: $3,536
  • View: Lagoon, Marina
  • Water Front: Yes
  • Boat Service: Marina
  • Elem. School: The Conservatory School at North Palm Beach
  • Middle School: Howell L. Watkins
  • High School: Palm Beach Gardens
  • Pet Policy: Yes, Number Limit, Size Limit, Pet Restrictions Possible
  • Appliances: Electric Water Heater, Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Water Heater, Washer
  • MLS#: RX-11165370
  • Website: https://www.raveis.com
    /prop/RX-11165370/1208marineway_northpalmbeach_fl?source=qrflyer
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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

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1208 Marine Way, #G4, North Palm Beach, FL, 33408

$515,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $412,000 $412,000 $412,000
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 $295 $295 $295
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,372 $2,468 $3,312
Total Monthly Payment $2,759 $2,855 $3,699

* 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.