4001 S Ocean Boulevard, #122, South Palm Beach, FL, 33480 | $94,000

Discover your slice of paradise on South Palm Beach Island! Priced at just $94, 000, this charming studio offers 375 sq ft of cozy living space, perfect for a personal retreat or investment opportunity. With serene views and unbeatable location, it's the ideal escape. Fabulously located between the Atlantic Ocean and the Intracoastal, enjoy a short walk or bike ride to Lantana Beach, Publix, the Eau Resort & Spa, and Plaza del Mar shopping. Residents enjoy a boutique active lifestyle that includes a secure lobby with dedicated bike storage, and a dedicated area featuring picnic tables and BBQ grills, perfect for waterfront social gatherings. Relax by the renovated, heated pool directly on the Intracoastal or take advantage of private beach access across the street. Land is included. - Ground floor unit. - Active Lifestyle: Community Lobby, Social Gathering Room, Secure bike storage to facilitate a healthy, car-optional island lifestyle. - Outdoor Amenities: Waterfront social deck with picnic tables, BBQ grills, and a heated pool sitting directly on the Intracoastal. - Prime Location: "On the Island" in South Palm Beach, walking distance to the new Publix and local favorites like the Ice Cream Club. - Parking: Assigned parking space conveniently located just steps from the unit's private patio entrance. - Storage: Extra storage locker included. - Strict Community Standards: This is a quiet, well-managed, owner-occupied building with a no-pet and no-leasing policy. Note: Cash only per co-op rules; no pets, no leasing, and mandatory board interview/background check required.

Features

  • Parking: Assigned, Deeded, Guest, See Remarks
  • Heating: Window/Wall
  • Cooling: Wall/Window Unit(s)
  • Levels: 4
  • Amenities: Beach Access, Car Wash Area, Elevator(s), Laundry, Management, Picnic Area, Parking, Pool, Storage, Manager On Site, Bike Storage, Community Room, Heated Pool, Lobby, Maintained Community, Maintenance, Recreation Facilities
  • Rooms: 3
  • Baths: 1 full
  • Laundry: Common Area
  • Complex: TROPICANA GARDENS INC
  • Year Built: 1958
  • Common Charge: $769 Monthly
  • Approx Sq. Feet: 375
  • Acreage: 1.68
  • Est. Taxes: $1,773
  • View: Garden, Intracoastal
  • Adult Communities: Yes
  • Water Front: Yes
  • Elem. School: Lantana
  • Middle School: Lantana Community
  • High School: Lake Worth
  • Pet Policy: No
  • Appliances: Dishwasher, Electric Range, Microwave, Oven, Refrigerator
  • MLS#: B26013709
  • Website: https://www.raveis.com
    /prop/B26013709/4001soceanboulevard_southpalmbeach_fl?source=qrflyer
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William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Ashley JenningsSales Associate

239.203.4942

Ashley.Jennings@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

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To learn more about our credentials, visit raveis.com today.

Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Pedro DelgadilloInsurance Sales Director, William Raveis Insurance

305.922.5393

Pedro.Delgadillo@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

4001 S Ocean Boulevard, #122, South Palm Beach, FL, 33480

$94,000

Ashley Jennings

Sales Associate

William Raveis Real Estate

Phone: 239.203.4942

Ashley.Jennings@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $75,200 $75,200 $75,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.990% 6.490% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.370% 6.615% 5.866%
Monthly Tax Payment $148 $148 $148
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $450 $475 $619
Total Monthly Payment $673 $698 $842

* 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.