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Enjoy the ultimate oceanfront lifestyle & spectacular views from this rarely offered direct ocean residence. This coastal retreat offers unobstructed OCEAN VIEWS in the living areas & primary suite. Watch the sunrise from your private oceanfront patio adding outdoor living space perfect for alfresco dining & entertaining. Beautifully renovated white kitchen features custom cabinets, breakfast bar, granite countertops & stainless steel appliances. Second level primary offers sparkling direct ocean views & private balcony. Just steps to Delray's most pristine beaches. Two garage parking spots. Boutique building in the much desired south end of Delray. Just across the bridge to Trader Joes, Whole Foods, restaurants, shops & much more. Lives like your own private beach house. Pet friendly! This rarely available direct oceanfront residence is being offered fully furnished and ready for you to indulge in the ultimate beachfront lifestyle! Generous primary suite offers stunning ocean views, private balcony to watch the sunrise, spa-like soothing bath complete with soaking tub, dual vanities and floor to ceiling tiled rain shower. Beautiful porcelain flooring in the living area and honey hued wood flooring upstairs. Guest friendly floorplan offers a private guest en-suite with its own balcony. Impact glass throughout. This unit comes with one private garage space, one guest space in the building garage plus plenty of additional guest parking. Ocean Place is a boutique oceanfront community with only 30 residences on the absolute best stretch of the beach in Delray. Residents enjoy private beach access, heated seaside pool with upper sun deck and grilling area. Short distance to famed Downtown Delray's vibrant Atlantic Avenue, night life, festivals, art galleries, the best restaurants and entertainment. Close to I95, two international airports (WPB and Ft Laud) plus Boca Raton private international airport.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,999,000
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 | $1,599,200 | $1,599,200 | $1,599,200 |
| 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 | 6.362% | 6.349% | 6.183% |
| Monthly Tax Payment | $2,398 | $2,398 | $2,398 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $9,588 | $9,847 | $13,495 |
| Total Monthly Payment | $12,111 | $12,370 | $16,018 |
* 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.