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Introducing 910 Banyan Drive, a beautifully maintained waterfront ranch-style estate located in the highly sought-after Tropic Isle community of Delray Beach. Situated on an oversized 0. 3035-acre (13, 221 sq ft) corner lot, this 2, 194 sqft residence offers 3 bedrooms and 2 bathrooms, combining comfort, space, and an exceptional coastal lifestyle. Positioned along a private canal, the property features a private dock with direct access to the Intracoastal Waterway, making it ideal for boating enthusiasts. Spend your weekends cruising along the Intracoastal, just minutes from waterfront restaurants, sandbars, the renowned Lake Boca, and premier marinas, or venture out through the nearby Boca Raton or Boynton Beach Inlets for a day on the open ocean and amazing fishing hotspots! The tranquil canal setting provides both privacy and protection, while the southern exposure fills the home with natural light and creates the perfect backdrop for outdoor entertaining year-round. From your backyard, you experience a seamless blend of relaxation and activity, where boating, dining, and coastal living all come together effortlessly. The expansive corner lot provides a substantial footprint, offering excellent potential for additional development, expansion, or a custom renovation, making this not only a beautiful home, but a strategic long-term investment opportunity. Located just minutes from Atlantic Avenue, you are at the heart of what makes Delray Beach so special. Known for its vibrant energy and walkable downtown, Atlantic Avenue offers an exceptional mix of upscale dining, casual waterfront restaurants, boutique shopping, art galleries, and nightlife. From weekend brunches and live music to fine dining and beachside cocktails, there is always something happening just moments from your doorstep. Delray Beach, Florida, was named the "Most Fun Small Town in America" by USA Today, a distinction earned through its lively downtown atmosphere, beautiful beaches, and unmatched coastal charm. Perfectly positioned between Boca Raton and Boynton Beach, this location offers convenience, prestige, and accessibility, making it one of the most desirable waterfront communities in the area. A rare offering defined by its oversized lot, premier waterfront location, southern exposure, development potential, and unmatched lifestyle, 910 Banyan Drive is an exceptional opportunity to own in one of Delray Beach's most exclusive and sought-after waterfront neighborhoods. DISCLAIMER: Information published or otherwise provided by the listing company and its representatives, including but not limited to prices, measurements, square footages, lot sizes, calculations, statistics, photos and videos, is deemed reliable but is not guaranteed and is subject to errors, omissions, or changes without notice. All such information should be independently verified by any prospective purchaser or seller. Parties should perform their own due diligence prior to a sale or listing. The listing company expressly disclaims any warranty or representation regarding such information. Prices published reflect list price, sold price, and/or last asking price. The listing company participates in the Multiple Listing Service and IDX.
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed.
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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 | $1,800,000 | $1,800,000 | $1,800,000 |
| 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 | $1,155 | $1,155 | $1,155 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $10,648 | $10,937 | $15,189 |
| Total Monthly Payment | $11,928 | $12,217 | $16,469 |
* 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.