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Welcome to refined modern luxury in the prestigious, guard-gated community of Lotus Palm in Boca Raton. Positioned on a tranquil waterfront lot, this exceptional residence showcases high-end upgrades, designer finishes, and a seamless indoor-outdoor lifestyle. Inside, the home is defined by soaring ceilings and expansive open-concept living spaces filled with natural light. A striking custom feature wall with large-format marble-look slabs and vertical wood paneling creates a true statement in the main living area, complemented by a built-in media wall and sleek modern design. The chef's kitchen is beautifully upgraded with quartz countertops, full-height cabinetry, premium stainless steel appliances, a designer backsplash, and an oversized waterfall-edge island with seating. Custom lighting throughout, including dramatic modern chandeliers, adds a sophisticated, high-end feel across the home. A glass-railing staircase leads to an open loft space, highlighted by a stunning multi-story chandelier that serves as a centerpiece of the home's design. Upstairs and throughout, you'll find wide-plank flooring, clean modern finishes, and thoughtfully designed living spaces. The primary suite offers a luxurious retreat with expansive windows, tray ceilings, and a spa-inspired feel, while additional bedrooms are generously sized for comfort and flexibility. Enjoy true indoor-outdoor living with a covered lanai, ceiling fans, and sliding glass doors that open to a private backyard overlooking peaceful lake views. The second-floor balcony provides an additional outdoor lounge space, perfect for enjoying sunsets over the water. Located in one of Boca Raton's most desirable GL Homes communities, Lotus Palm offers a grand clubhouse with full-service restaurant and bar, resort-style pools, state-of-the-art fitness center, tennis and pickleball courts, and beautifully landscaped grounds. All A-rated schools.
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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 | $1,680,000 | $1,680,000 | $1,680,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.362% | 6.385% | 6.223% |
| Monthly Tax Payment | $1,924 | $1,924 | $1,924 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $10,072 | $10,344 | $14,177 |
| Total Monthly Payment | $12,121 | $12,393 | $16,226 |
* 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.