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Three Palms at Boca Bay is a collection of three individually curated waterfront estates developed by Core 4 Homes. Each estate is defined by thoughtful architecture, quality materials, and skilled craftmanship. Coconut Palm, the first estate offered for sale, is inspired by its coastal architecture and sophisticated interior finishes. This residence includes 5, 872 SF of under air living area, and 7, 699 SF of total living and entertaining space, which includes an expansive three car garages, covered patios, and sweeping balconies. It has five generously appointed en-suite bedrooms, a distinguished private executive office, and a spectacular waterfront club room complete with a custom bar. A home designed equally for grand entertaining and intimate everyday living. Upon arrival, a breathtaking two-story foyer sets the tone, drawing natural light from all directions and connecting both levels with an ultra-wide, bold staircase—an architectural statement as functional as it is beautiful. At the heart of the home lies a chef's kitchen which is anchored by dual designer islands, dual sinks and dishwashers, a full suite of Sub-Zero/Wolf natural gas appliances, dedicated wine room, and abundant space for entertaining both friends and family. Upstairs, a secondary living area opens to a covered balcony, serving as a tranquil perch above the water. The grand primary suite commands its own wing, featuring expansive walk-in closets and a spa-inspired wet-room bath. The four additional bedrooms are each appointed with generous walk-in closets and private en-suite baths, ensuring every guest and family member enjoys their own personal retreat. Step beyond the walls of this magnificent residence and into resort-caliber outdoor living. Lush tropical landscaping and a south-facing orientation ensures privacy while enjoying ocean-breezy days from morning to dusk. The resort-style saltwater pool and spa complete with a sun shelf invites relaxation in style. The newly constructed concrete dock includes a dock pedestal ready to welcome your new yacht home. Whether entertaining on the water's edge or simply savoring a warm Florida afternoon, this outdoor oasis delivers a lifestyle that few addresses in South Florida can rival.
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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 | $6,120,000 | $6,120,000 | $6,120,000 |
| 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 | 6.277% | 6.223% | 6.183% |
| Monthly Tax Payment | $954 | $954 | $954 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $36,202 | $37,186 | $51,644 |
| Total Monthly Payment | $37,281 | $38,265 | $52,723 |
* 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.