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Rarely available estate residence situated on an expansive, gated trophy property spanning nearly three-quarters of an acre along coveted Ocean Boulevard in Gulf Stream—one of the most prestigious communities in Palm Beach County. This exceptional compound with 7 Bedrooms and 7. 2 Bathrooms features a stately main residence with approximately 6, 488 TSF and a separate 1, 863 TSF guest house, thoughtfully designed for both privacy and entertaining. The main house offers a first-floor primary suite, while four additional bedrooms with two full baths are located upstairs—two of which open to private balconies overlooking the pool and lush grounds. The primary suite is a true retreat, accessed through double doors and featuring a soaring wood-beamed ceiling, private access to the loggia, dual bathrooms, and abundant custom closets. Elegant interior details include Brazilian walnut hardwood floors, crown moldings, a fireplace, a wet bar, a formal dining room, and a dramatic two-story foyer. The gourmet kitchen is equipped with an eat-in area, a butler's pantry, and is complemented by a spacious utility room and separate entrance. Additional living spaces include a den and an expansive covered loggia ideal for indoor-outdoor living. The guest residence offers 2 bedrooms, 2. 1 bathrooms, a living room with a kitchenette, and a generous bonus/playroom, providing flexible living space with its own private access from Gulfstream Road. Outdoor amenities create a resort-style setting, complete with a pool and spa, summer kitchen, cabana bath, and outdoor shower, all surrounded by mature tropical landscaping. The property also features two separate motor courts and garages accommodating three cars plus a golf cart. Deeded beach access just steps from the Atlantic Ocean and moments to Atlantic Avenue and all the exceptional amenities Palm Beach County offers.
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William Raveis Real Estate
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RVP, Mortgage Banker
William Raveis Mortgage, LLC
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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 | $8,796,000 | $8,796,000 | $8,796,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.132% | 6.259% | 6.183% |
| Monthly Tax Payment | $4,313 | $4,313 | $4,313 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $52,032 | $53,445 | $74,226 |
| Total Monthly Payment | $56,470 | $57,883 | $78,664 |
* 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.