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Welcome to this beautifully updated oceanfront community of Horizon East. This inviting two-bd, 2 bath home offers relaxing views of the Atlantic Ocean from your private balcony with SE Views, creating the perfect backdrop for both quiet mornings and peaceful evenings by the water. Located in an all-ages building, the unit combines comfort, convenience, and coastal charm in an ideal beachfront setting. Features updated kitchen cabinetry, upgraded countertops, refreshed bathrooms, updated ceramic tile flooring throughout, giving the home a clean and cohesive look. The spacious primary suite includes a generous walk-in closet & the home is further enhanced by a new 'central air conditioning system installed in '17, new water heater '20, an updated electrical panel, & 3 year new washer & drye r. Additional conveniences include an assigned parking space along with private storage space. Horizon East has a wonderful selection of amenities designed to enhance the beachfront lifestyle, including a heated oceanfront swimming pool, direct private beach access, a fitness center, and elevator service that provides easy access to this 4th floor residence. Just minutes from popular waterfront dining destinations, fishing, boating, shopping and so much more. Close to Downtown West Palm Beach, City Place and PBI . MAY RENT UNIT AFTER 1ST YEAR, NO MORE THAN 1 YEAR, NOT LESS THAN 1 MONTH
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $343,644 | $343,644 | $343,644 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.625% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.133% | 6.739% | 5.952% |
| Monthly Tax Payment | $463 | $463 | $463 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,978 | $2,200 | $2,854 |
| Total Monthly Payment | $2,516 | $2,738 | $3,392 |
* 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.