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Welcome to the charming seaside town of Lantana! Owned by the same family since 1977, this well-loved home offers character, flexibility, and incredible potential. Originally a 2-bedroom, 1-bath, the home now features 3 bedrooms and 2 bathrooms thanks to a spacious primary suite addition with a large walk-in closet and private ensuite. Key updates include a 2019 roof and a new A/C split system for the main living areas—providing a strong foundation for your vision. Perched on a . 15-acre lot, the home sits on a hill with a screened-in front patio overlooking the neighborhood. The backyard is a tropical retreat with mature fruit trees—quenepas, three mango trees, avocado, and coconut palm. With no HOA, enjoy maximum flexibility for living or investing, including short-term rental potential. Just minutes from Ocean Avenue, offering dining, shopping, and coastal charm. Perfect for first-time buyers or investors—bring your vision and unlock the full potential of this hidden gem!
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RVP, Mortgage Banker
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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 | $287,999 | $287,999 | $287,999 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.304% | 5.648% |
| Monthly Tax Payment | $231 | $231 | $231 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,704 | $1,750 | $2,334 |
| Total Monthly Payment | $2,010 | $2,056 | $2,640 |
* 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.