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Presented by
Chris Sellers |
Stunning ocean views from every room define this beautifully updated and well-maintained 2BR residence in Phoenix Tower. Light-filled and inviting, this fully renovated condo offers a stylish coastal design with sweeping north- and south-facing views of the Atlantic and wide sandy beaches. The open floor plan features new flooring, updated lighting, and a bright living area with a cozy fireplace overlooking the ocean. The modern kitchen is equipped with white cabinetry, quartz countertops, under-cabinet lighting, and stainless-steel appliances. The spacious primary suite offers breathtaking ocean views, walk-in and secondary closets, and a stunningly renovated en-suite bath with glass shower doors and updated cabinetry. An expansive balcony provides the perfect setting to enjoy sunrise coffee and ocean breezes. Phoenix Tower is one of only three buildings on the island permitting 30-day rentals up to four times per year, making it highly desirable for investors and seasonal owners alike. Residents enjoy resort-style amenities including a pool, private beach access, tennis and pickleball courts, clubhouse, BBQ area, and assigned parking. The community is currently undergoing a full transformation with concrete restoration, refreshed interiors and exteriors, modernized courts, upgraded parking, and redesigned lobbies -- enhancements set to further elevate value and appeal. Conveniently located near shopping, dining, water sports, and Palm Beach International Airport, this is coastal living at its finest.
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Our Executive Mortgage Banker:
Our Insurance Division:
$598,990
Sales Associate
William Raveis Real Estate
Phone: 413.440.9435
Chris.Sellers@Raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 413.626.5626
Michele.Welch@raveis.com
NMLS Mortgage Loan Originator ID 293220
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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 | $479,192 | $479,192 | $479,192 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.866% |
| Monthly Tax Payment | $817 | $817 | $817 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,870 | $2,990 | $3,947 |
| Total Monthly Payment | $3,779 | $3,899 | $4,856 |
* 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.