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This Oakmont model offers 3 bedrooms, 2 bathrooms, plus a den, with soaring 12-foot ceilings in the great room and an open, well-designed floor plan. The principal suite features the popular his-and-hers bath layout. A screened lanai overlooks peaceful lake views, creating a serene backdrop. While the home is ready for updating, it offers incredible potential for renovation and personalization. A rare opportunity to transform a solid floor plan and prime lakefront location into something truly special. The heart of this unique residential community is its waterfront Town Center where you can grab lunch or dinner at the on-site "Centanni" Italian restaurant; enjoy the tennis and pickle ball experience on the eight Har-tru lighted courts with on-site tennis instructor and active tennis program. Take a swim in one of the three heated pools, fish from one of the many picturesque bridges; stop by the library, play ping pong or pool. Also located in the Town Center is the full service Illustrated Properties real estate office, beauty salon, mail facility and children's playground. Enjoy 12 miles of scenic pedestrian pathways, take a bike ride or enjoy a vigorous work out in the renovated fitness center or play bocce - all for the exclusive use of River Walk residents! Yoga, mahjong, bridge, aqua aerobics, foreign language classes, crafts and more are some of the other fun activities offered! River Walk offers luxury resort-style living, without extravagant ''country club'' fees! Conveniently located near the turnpike, Palm Beach International Airport, the Outlet Malls, Kravis Center, Downtown, and Palm Beach Island.
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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 |
|
|---|---|---|---|
| Loan Amount | $415,920 | $415,920 | $415,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.730% |
| Monthly Tax Payment | $460 | $460 | $460 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,491 | $2,595 | $3,396 |
| Total Monthly Payment | $3,043 | $3,147 | $3,948 |
* 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.