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Step into this rarely available CORNER residence on South Ocean perfectly positioned on the 6th floor to capture breathtaking "panoramic views" of both the Atlantic Ocean & the Intracoastal Waterway. Flooded with natural light from sweeping exposures East & West framed by TWO perfectly placed windows. This bright airy home offers sunrise-to-sunset beauty creates a warm inviting layout. A remodeled kitchen features sleek finishes & modern functionality while rich wood floors add warmth & sophistication. The split-bedroom layout ensures exceptional privacy, flexibility for residents & guests. Located in a full service 24/7 attended building this residence blends coastal serenity with resort style convenience. A truly exceptional Palm Beach offering defined by its unmatched coastal beauty! Ambassador II is an Ocean Front 8-stories building. Amenities include Doorman, Clubhouse, Business Ctr, Community Library, Common Media/Recreation Room, Elevator, Secure Lobby, Fitness Ctr, Sauna, Heated Pool, Private Beach Access and Community Cabanas, Laundry in building, parking available. Association fees include common areas, cable TV, sewer, water, internet, resident manager-management on site. Easy Access to I 95, Palm Bch Int'l Airport, City Place The Breakers, walks to beautiful Parks, and Lake Worth Beach. Palm Beach surrounds you with exceptional dining, upscale shopping and a thriving cultural experiences, creating a sophisticated lifestyle.
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Our Executive Mortgage Banker:
Our Insurance Division:
$995,000
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 | $796,000 | $796,000 | $796,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.375% | 6.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.399% | 6.475% | 6.309% |
| Monthly Tax Payment | $874 | $874 | $874 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,837 | $4,966 | $6,771 |
| Total Monthly Payment | $5,803 | $5,932 | $7,737 |
* 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.