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Welcome to 116 Echo Drive, an exceptional 3 bedroom 3. 5 bath residence nestled within the prestigious The Loxahatchee Club—one of the nation's most coveted private communities, ranked #17 among America's most exclusive golf and country clubs by Forbes. This beautifully maintained home underwent a comprehensive renovation in 2015 including a new roof, impact-resistant glass, remodelled kitchen & family room, updated lighting and all new baths. The chef's kitchen was redesigned with new cabinetry and countertops, offering both style and functionality. A spacious Florida room along with phantom screens create a seamless indoor-outdoor living experience. Outdoors, lush, mature landscaping surrounds the home, complemented by an electric awning—perfect for enjoying Florida's year-round sunshine. Additional highlights include a spacious two-car garage plus a dedicated golf cart bay, as well as a whole-house generator for peace of mind. This is a rare opportunity to own a meticulously updated home in one of Jupiter's most exclusive and sought-after communities.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,995,000
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 | $2,396,000 | $2,396,000 | $2,396,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.000% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.263% | 6.145% | 6.117% |
| Monthly Tax Payment | $1,180 | $1,180 | $1,180 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $13,982 | $14,365 | $20,057 |
| Total Monthly Payment | $15,287 | $15,670 | $21,362 |
* 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.