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Discover an exceptional opportunity to build your dream home on a prime 50x125 shovel-ready lot in highly sought-after Del-Ida in East Delray. Perfectly positioned just moments from the vibrant energy of Atlantic Avenue, this property places you at the heart of one of South Florida's most dynamic coastal communities. Enjoy effortless access to award-winning fine dining, chic boutique shopping, the beloved Delray Green Market, and a thriving arts scene anchored by the Delray Beach Center for the Arts at Old School Square. From galleries to live music venues, every day offers something new just minutes from your doorstep. And when it's time to unwind, the pristine shoreline of the Beach awaits with its crystal-clear waters and inviting sands. This area embodies the coveted "golf cart lifestyle, " where morning coffee, sunset dinners, and beach days are all just a short ride away. The street itself is in the midst of an exciting transformation, with multi-million-dollar new construction homes redefining the area and elevating long-term value. Whether you envision a modern coastal retreat or a timeless estate, this ready-to-build lot offers the perfect canvas in a location that truly delivers the best of luxury, lifestyle, and laid-back coastal living.
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed.
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Our Executive Mortgage Banker:
Our Insurance Division:
$899,000
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 | $719,200 | $719,200 | $719,200 |
| 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 | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,370 | $4,487 | $6,118 |
| Total Monthly Payment | $4,462 | $4,579 | $6,210 |
* 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.