16829 Newark Bay Road, Delray Beach, FL, 33446 | $1,700,000

Welcome to this stunning Somerset model pool home on a serene lake lot. Built in 2015 and extensively renovated, this 4-bed, 4-bath residence plus loft offers sophisticated living at its finest. Step inside to find the beautiful high ceilings in the living area with porcelain tile floors downstairs and elegant wood throughout upstairs—zero carpet. The chef's open kitchen features quartz counters, stone backsplash, and KitchenAid stainless steel appliances. Next to the kitchen is a spacious family room and breakfast nook facing the pool and lake area. All bathrooms have been renovated showcasing premium fixtures and finishes. Primary bedroom is very spacious and offers huge his and hers walk in closets. Entertain effortlessly with a built-in media center in the living room and a resort- style heated pool in your expansive fenced yard. Smart home technology throughout—Google Home controls lighting, thermostat, and premium Sonos audio system, all powered by a $6, 000 Unify internet upgrade. Recent upgrades include 2021 AC units and brand new LG washer/dryer. Minutes from the Turnpike, Delray Marketplace, and fine dining. Gated community amenities: 24/7 security, fitness center, restaurant, resort pool, tennis, indoor/outdoor basketball, kids splash area and playground. Don't miss this opportunity to call this your new home!

Features

  • Amenities: Basketball Court, Clubhouse, Fitness Center, Game Room, Jogging Path, Pool, Sauna, Spa/Hot Tub, Tennis Court(s), Cafe/Restaurant, Community Room, Sidewalks, Street Lights
  • Rooms: 10
  • Bedrooms: 4
  • Baths: 4 full
  • Laundry: Inside
  • Style: Colonial, Mediterranean
  • Development: The Bridges
  • Year Built: 2015
  • Garage: 2-car Attached
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 3,537
  • Acreage: 0.16
  • Est. Taxes: $13,445
  • HOA Fee: $2,230 Quarterly
  • Lot Desc: Room for Pool
  • View: Garden, Pool, Lake
  • Water Front: Yes
  • Elem. School: Whispering Pines (Palm Beach)
  • Middle School: Eagles Landing
  • High School: Olympic Heights
  • Pool: Yes
  • Pet Policy: Yes, Number Limit
  • Appliances: Dryer, Disposal, Dishwasher, Gas Range, Microwave, Refrigerator, Washer
  • MLS#: B26015373
  • Website: https://www.raveis.com
    /eprop/B26015373/16829newarkbayroad_delraybeach_fl?source=qrflyer
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William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

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To learn more about our credentials, visit raveis.com today.

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
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Pedro DelgadilloInsurance Sales Director, William Raveis Insurance

305.922.5393

Pedro.Delgadillo@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

16829 Newark Bay Road, Delray Beach, FL, 33446

$1,700,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,360,000 $1,360,000 $1,360,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.000% 6.250% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.350% 6.349% 6.183%
Monthly Tax Payment $1,120 $1,120 $1,120
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $8,154 $8,374 $11,476
Total Monthly Payment $9,399 $9,619 $12,721

* 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.