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Don't miss the opportunity to own this great starter home under $500K east of Federal Highway! Beautifully preserved mid-century home, right down to the gorgeous terrazzo floors throughout. This home is located in Eden Place, right on the edge of College Park, and just 2 blocks from the Intracoastal! A/C one year old, roof 2 years old, hot water heater new. This solid CBS home has 2 bedrooms, and 1. 5 baths. The home has complete hurricane protection with some openings having impact windows and doors. Open floor plan with the living room opening to the dining room and Florida room. The primary bedroom features a walk-in closet and ensuite half bath. There is also a coveted spacious laundry room with front-end load washer and dryer. The screened patio looks onto the fenced yard and outdoor patio areas. Nearby North Grade Elementary is an A-rated school, and South Olive Elementary is just a half mile away, giving you options for the kiddos. Historic downtown and its art galleries, eclectic boutique shops, welcoming sidewalk cafes, and five-star dining is just minutes away. Downtown has a dynamic culinary scene with diverse dining options, from French, Korean, Peruvian, Italian, Mexican, to tapas! You're never at a loss to find something to do. Grab your green market bag and head to the waterfront market on Saturdays. Play 18 holes at the city golf course that is on the Intracoastal Waterway. Take in a theatre production at the Lake Worth Playhouse, one of the oldest continuously running theatres in the country. Explore the Artisanal District and take in a live glass-blowing demonstration at the Benzaiten Center for Arts. Check out the local Carew's Coffeehouse and try their famous tiramisu latte!. The city hosts many outdoor festivals throughout the year, the Annual Street Painting Festival being the City's signature event where over 600 artists turn the streets of downtown into a temporary art gallery. You are centrally located to the Palm Beach International Airport, Tri Rail, Brightline train, downtown West Palm Beach and the glitzy Island of Palm Beach. This is South Florida living at its finest!
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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 | $397,600 | $397,600 | $397,600 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.374% | 6.524% | 5.866% |
| Monthly Tax Payment | $221 | $221 | $221 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,384 | $2,481 | $3,275 |
| Total Monthly Payment | $2,680 | $2,777 | $3,571 |
* 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.