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Experience refined oceanfront living in this elegant first-floor residence at the Mayfair House in South Palm Beach. This 3-bedroom, 3-bathroom condo offers 1, 925 square feet of beautifully designed living space and a rare connection to the outdoors with an expansive 833 sq ft private patio, perfect for entertaining, relaxing, and enjoying the South Florida lifestyle. All rooms open directly to the patio, creating seamless indoor-outdoor living just steps from the pool, clubhouse, and private beach. The thoughtfully designed split floor plan provides privacy and comfort, with a spacious primary suite and a guest bedroom featuring its own en-suite bathroom, ideal for visitors or extended stays. A New AC (2025), updated open concept kitchen and large impact windows and sliders that fill the home with natural light providing comfort and peace of mind: Mayfair House has completed all major building improvements, including the Structural Integrity and Reserve Study, concrete restoration, updated plumbing, and brand-new elevators. The building also offers fully funded reserves, no assessments, and is approved for financing. Residents enjoy private beach access, a resort-style pools, and clubhouse, all conveniently located near the world-class shopping and dining of Palm Beach, Worth Avenue, and nearby Delray Beach and Boca Raton. This exceptional residence offers the perfect opportunity for a primary residence or luxurious coastal retreat in one of South Palm Beach's most desirable oceanfront communities.
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RVP, Mortgage Banker
William Raveis Mortgage, LLC
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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 | $720,000 | $720,000 | $720,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.350% | 6.259% | 6.183% |
| Monthly Tax Payment | $727 | $727 | $727 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,317 | $4,375 | $6,076 |
| Total Monthly Payment | $5,136 | $5,194 | $6,895 |
* 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.