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A truly rare offering in Boca Raton, this exquisitely reimagined oceanfront penthouse captures the essence of elevated coastal living with a feature almost never found at this level: dramatic skylights that flood the interiors with natural light, creating an ambiance that is both airy and architecturally striking. Perched on the penthouse level with only two residences per elevator stack, this home delivers an exceptional sense of privacy and exclusivity. Walls of impact glass frame sweeping, unobstructed views of the Atlantic Ocean, while an expansive oceanfront terrace invites seamless indoor-outdoor living against a backdrop of endless blue horizons. The interiors have been thoughtfully redesigned with a clean, modern aesthetic. A gourmet kitchen anchors the living space, appointed with Downsview cabinetry, premium Miele appliances, and elegant marble surfaces perfectly positioned to overlook the ocean. The primary suite is a private sanctuary, highlighted by a spa-inspired bath enhanced by a skylight, filling the space with soft, natural light throughout the day. Additional features include Control4 smart home integration, a full-size laundry room with sink, and refined finishes throughout. The Placide is an intimate, boutique oceanfront building offering direct beach access, an ocean-view pool, fitness center, club room, and full-service lobby with doorman. Ideally located just moments from The Boca Raton Resort and minutes to downtown Boca Raton, this residence combines tranquility with effortless access to the area's premier dining, shopping, and lifestyle amenities. A one-of-a-kind penthouse defined by light, privacy, and panoramic ocean views.
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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 | $1,519,200 | $1,519,200 | $1,519,200 |
| 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 | $1,297 | $1,297 | $1,297 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $8,987 | $9,231 | $12,820 |
| Total Monthly Payment | $10,409 | $10,653 | $14,242 |
* 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.