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Enjoy this bright and spacious east-facing unit with sweeping city, golf, and ocean views from a large private balcony. Ideally located on the same floor as the resort-style amenities with easy access to the sun deck, pool, Jacuzzi, fitness center, sauna, basketball court, billiards room, and business lounge. Inside, the light-filled unit features impact glass, tiled living areas, and premium laminate flooring in the beds. The kitchen is appointed with granite countertops, a breakfast bar, stainless steel appliances, in-unit laundry, and a desirable dual primary suite layout. Palmetto Place is a pet-friendly building with a stunning lobby, 24/7 security, concierge service, valet parking, and a true resort lifestyle just moments from the beach, dining, and entertainment. Perfection! Palmetto Place is THE premier building in downtown Boca. The moment you enter you will be greeted by the Valet, hand them your keys and step inside. The doorman will say hello, grab you a cart for any shopping, and let you know if you have any packages. Then up to your unit to drop things, change, and walk down the hall to the resort style sun deck, heated pool, Jacuzzi, sauna, gym, basket ball court, billiards. Catch up on some work in the business meeting room then head out to dinner in downtown Boca. It's not the good life, it's the GREAT life! **An assigned parking space (5013) and private storage locker (59) are also included with this unit. ** 2 pets up to 28 lbs each are allowed for unit owners. The unit may be leased immediately, twice per year, with a 90 day minimum.
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RVP, Mortgage Banker
William Raveis Mortgage, LLC
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Melissa.Cohn@raveis.com
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 |
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|---|---|---|---|
| Loan Amount | $640,000 | $640,000 | $640,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.500% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.424% | 6.650% | 5.972% |
| Monthly Tax Payment | $906 | $906 | $906 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,889 | $4,045 | $5,315 |
| Total Monthly Payment | $4,887 | $5,043 | $6,313 |
* 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.