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Experience exceptional waterfront living in this beautifully renovated 2-bedroom, 2-bathroom Intracoastal-facing residence at The Cove. Designed for the most discerning buyer, this move-in home has been thoughtfully re-imagined with sophisticated finishes, premium fixtures, additional storage across the hall and meticulous attention to detail throughout. Expansive water views create a stunning natural backdrop, offering tranquil mornings and spectacular sunset vistas from the comfort of your private retreat.
Perfectly positioned in a highly coveted Palm Beach building, residents enjoy deeded beach access directly across the street--providing effortless days of sun, sand, and sea. Located opposite the iconic Four Seasons Resort Palm Beach, The Cove delivers an exclusive address paired wi resort style amenities, including private beach access with daily chair and umbrella service.
White-glove conveniences elevate the lifestyle even further. A dedicated on-site team provides package management and scheduled A/C filter service, while a desirable one-bedroom guest suite is available for residents on a first-come basis--ideal for hosting family and friends.
Following a comprehensive multi-million-dollar capital improvement program, the property now showcases newly redesigned lobbies, upgraded mechanical systems, and a reimagined parking area framed by lush tropical landscaping--ensuring a refined, contemporary living environment.
This is more than a residence; it is a rare opportunity to own a piece of Palm Beach paradise in one of the area's most sought-after waterfront communities.
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$1,495,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,196,000 | $1,196,000 | $1,196,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.362% | 6.361% | 6.183% |
| Monthly Tax Payment | $707 | $707 | $707 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,171 | $7,364 | $10,093 |
| Total Monthly Payment | $8,003 | $8,196 | $10,925 |
* 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.