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Welcome home to this move-in ready renovated villa located in the highly desirable gated 55+ community of Rainberry Bay in Delray Beach. Perfectly positioned on a private corner lot, this light-filled 2-bedroom, 2-bath residence offers a spacious and functional split-bedroom layout designed for both comfort and privacy. Featuring generous living spaces, large sliding glass doors, and an abundance of natural light throughout. The updated kitchen showcases white shaker cabinetry, sleek countertops, and modern appliances, while both bathrooms have been tastefully renovated. The expansive primary suite easily accommodates a king-size bed and features a large walk-in closet for optimal storage. Enjoy enhanced indoor-outdoor living with a glass-enclosed, air-conditioned patio. . . Adding approximately 140 square feet of additional living space—ideal for a sunroom, office, or sitting area—along with an open-air patio perfect for soaking up the Florida sunshine or entertaining guests. Rainberry Bay offers a vibrant, resort-style lifestyle with an impressive array of amenities including a clubhouse with fitness center, theater, arts & crafts studio, and a full calendar of social activities. Residents enjoy five heated pools, tennis and pickleball courts, bocce ball, scenic walking and biking trails, and a picturesque lake surrounded by lush landscaping. Ideally located just minutes from Downtown Delray Beach, Atlantic Avenue's renowned dining and shopping, and pristine South Florida beaches, this home offers the perfect balance of convenience, community, and coastal living. Whether you're seeking a full-time residence or a seasonal retreat, this property delivers exceptional value and lifestyle. DISCLAIMER: Information published or otherwise provided by the listing company and its representatives including but not limited to prices, measurements, square footages, lot sizes, calculations, statistics, and videos are deemed reliable but are not guaranteed and are subject to errors, omissions or changes without notice. All such information should be independently verified by any prospective purchaser or seller. Parties should perform their own due diligence to verify such information prior to a sale or listing. Listing company expressly disclaims any warranty or representation regarding such information.
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $220,000 | $220,000 | $220,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | $312 | $312 | $312 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,355 | $1,389 | $1,827 |
| Total Monthly Payment | $1,742 | $1,776 | $2,214 |
* 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.