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Luxury Waterfront Estate is located in the prestigious community of Rio Poco. This exceptional lakefront estate is situated on one-acre lot within the exclusive, man- gated community with 24-hour security and privacy. This gorgeous property is surrounded by manicured landscaping and serene water views, the property delivers refined living in a highly- sought after setting. The residence features 5 bedrooms and five full bathrooms including a private detached 1 bed 1 bath guest house adjacent to the pool. A dramatic interior showcases volume ceilings, panoramic windows, skylights, spiral staircase and a combination of marble and real wood flooring throughout. The expansive loft overlooks the main living area and may be enclosed to create a media room. The remodeled kitchen is equipped with premium appliances and upgraded finishes. The primary suite offers a tranquil spa inspired retreat. Additional upgrades include impact windows and doors, dual HVAC systems, a whole-home generator and a security system. Outdoor living is enhanced by a remodeled pool and spa with a travertine deck, resealed pavers, fruit trees, and a circular driveway leading to a three-car garage. Fresh interior and exterior paint complete this move-in-ready home. Conveniently located near Atlantic Ave, shopping and entertainment. This is a rare opportunity to own a luxury waterfront estate in one of Delray Beach's most exclusive communities.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,995,000
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 | $1,596,000 | $1,596,000 | $1,596,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.263% | 6.223% | 6.164% |
| Monthly Tax Payment | $1,721 | $1,721 | $1,721 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $9,314 | $9,697 | $13,468 |
| Total Monthly Payment | $11,160 | $11,543 | $15,314 |
* 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.