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New Construction Luxury Townhome. Modern coastal living in the highly desirable Boca Raton Riviera neighborhood. This custom townhome was thoughtfully designed for those who value architecture, privacy, and seamless indoor-outdoor living--just moments from the Atlantic shoreline. Rising across three levels, this residence is built with solid concrete second and third floor systems, providing superior construction and quiet elegance throughout. Inside, soaring ceilings, and expansive open living spaces create an atmosphere that is both sophisticated and inviting. A private elevator services all floors, while the two-car garage and custom built-in closet systems offer everyday convenience and functionality. Designed for the South Florida lifestyle, the outdoor spaces rival those of a private resort. A heated saltwater pool with tranquil water feature anchors the backyard, which includes a spacious covered lanai and natural gas outdoor kitchen, ideal for entertaining or relaxed evenings under the palms. Above, covered balconies extend the living spaces outdoors, culminating in a spectacular third-floor rooftop terrace where sweeping views over Boca Raton create the perfect setting for sunset cocktails and open-air gatherings. Perfectly positioned within walking distance of the beach and the area's most celebrated dining destinations, this residence offers the rare opportunity to enjoy new construction luxury built by award winning homebuilder CJM Communities in one of East Boca's most coveted coastal enclaves.
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,999,999
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 | $3,199,999 | $3,199,999 | $3,199,999 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.300% | 6.235% | 6.164% |
| Monthly Tax Payment | $1,022 | $1,022 | $1,022 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $18,929 | $19,444 | $27,003 |
| Total Monthly Payment | $20,076 | $20,591 | $28,150 |
* 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.