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Half (. 5 acre) lot zoned Multifamily! Welcome to your dream home in West Palm Beach! This beautiful 3-bedroom, 2-bathroom house offers 1, 008 square feet of air-conditioned living space on a generous half-acre double lot. Inside, you'll find granite countertops and stainless steel appliances, along with recently renovated kitchens and bathrooms for a modern feel. The home is surrounded by charming white picket fences and features an extended covered patio, perfect for outdoor enjoyment. With a 3-car attached carport and a separate 2-car garage, plus a total of 2, 275 square feet—including the patio and carport, not under air—this property is a true gem. Plus, it's zoned multifamily, offering a fantastic investment opportunity—you can build another home or multifamily units. Don't miss out! The property feautures a wide varety if furit trees including Thai Mango, Philippine Mango, Lychee, jackfruit, Sour Soup, Moringa, coconuts and more It is richly urrpunded by lush vegetation, creating a green and abundant natural environment characteristic of Palm Beach.
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Our Executive Mortgage Banker:
Our Insurance Division:
$550,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $440,000 | $440,000 | $440,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.374% | 6.524% | 5.933% |
| Monthly Tax Payment | $120 | $120 | $120 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,638 | $2,745 | $3,654 |
| Total Monthly Payment | $2,850 | $2,957 | $3,866 |
* 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.