2851 S Ocean Boulevard, #3-m, Boca Raton, FL, 33432 | $399,000

This renovated bright and spacious residence is situated in a Prime A1A Boca Raton location just steps from the beach, dining, shopping, Deerfield Beach Pier & Downtown Boca Raton's vibrant lifestyle. Featuring an open floor plan with 9-foot ceilings, abundant natural light. Beautifully updated, light-filled kitchen featuring crisp white shaker cabinetry, granite countertops, and a classic subway tile backsplash, complemented by stainless steel appliances and soft recessed lighting. Enjoy stunning sunset views from your covered balcony overlooking the pool and beautifully landscaped grounds. Residents enjoy resort-style amenities including a heated pool, fitness center, secure lobby with concierge, community room, picnic and BBQ areas, bike storage, and on-site management. The comprehensive maintenance fee includes A/C, hot water, cable, internet, pest control, buildinginsurance, security, and both interior and exterior maintenance. The seller has paid the assessment in full, and The Patrician is almost completed concrete restoration, fresh exterior paint, and additional building upgrades—adding even more value to this exceptional offering.

Features

  • Parking: Assigned, Guest, Garage, Detached Garage
  • Heating: Central
  • Cooling: Central Air
  • Levels: 7
  • Amenities: Beach Access, Elevator(s), Fitness Center, Laundry, Picnic Area, Pool, Storage, Trash Chute, Sidewalks
  • Rooms: 5
  • Bedrooms: 1
  • Baths: 1 full / 1 half
  • Laundry: None
  • Complex: PATRICIAN CONDO
  • Development: PATRICIAN
  • Year Built: 1980
  • Common Charge: $1,190 Monthly
  • Approx Sq. Feet: 1,086
  • Est. Taxes: $5,710
  • View: City, Pool
  • Elem. School: Boca Raton
  • Middle School: Boca Raton Community
  • High School: Boca Raton
  • Pet Policy: No
  • Appliances: Disposal, Dishwasher, Electric Range, Microwave, Oven, Refrigerator, Range
  • MLS#: B26014888
  • Website: https://www.raveis.com
    /prop/B26014888/2851soceanboulevard_bocaraton_fl?source=qrflyer
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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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Our Insurance Division:

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2851 S Ocean Boulevard, #3-m, Boca Raton, FL, 33432

$399,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@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 $319,200 $319,200 $319,200
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 $476 $476 $476
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,838 $2,044 $2,651
Total Monthly Payment $2,389 $2,595 $3,202

* 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.