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This oceanfront condo in the coveted Penthouse Towers of Highland Beach offers true coastal living with breathtaking Atlantic views and direct private beach access. Located in one of South Florida's most serene and residential seaside buildings, this two-bedroom, two-bath residence captures sunrises over the ocean and brings the coastal lifestyle right into your everyday routine. The light-filled interior and spacious balcony provide an ideal setting for both quiet mornings and relaxed evenings with the sound of the ocean just steps away.
Penthouse Towers is a well-established oceanfront condominium with private beach frontage and a warm, community atmosphere. Residents enjoy a beachfront pool, fitness area, clubhouse, library, and a variety of social and recreation spaces that enhance Penthouse Towers is a well-established oceanfront condominium with private beach frontage and a warm, community atmosphere. Residents enjoy a beachfront pool, fitness area, clubhouse, library, and a variety of social and recreation spaces that enhance the relaxed coastal lifestyle. Covered parking and elevator access add convenience to everyday living.
Highland Beach is prized for its peaceful oceanfront setting and residential character while being conveniently positioned between Delray Beach and Boca Raton. Atlantic Avenue, the heart of downtown Delray Beach, offers lively dining, shopping, art and entertainment, while Mizner Park in Boca provides refined boutiques, cultural experiences, and excellent restaurants. With easy access to major airports and Brightline service nearby, this location blends tranquil beach living with vibrant neighborhood amenities.
This residence presents a rare opportunity to own oceanfront real estate in a community that balances privacy and lifestyle with proximity to some of South Florida's most desirable downtowns. Whether enjoyed as a year-round residence or seasonal retreat, it embodies the best of Highland Beach living.
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William Raveis Real Estate
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $596,000 | $596,000 | $596,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.750% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.634% | 6.890% | 6.078% |
| Monthly Tax Payment | $690 | $690 | $690 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,670 | $3,866 | $4,989 |
| Total Monthly Payment | $4,452 | $4,648 | $5,771 |
* 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.