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Presented by
Gregory Weadock |
PINES OF DELRAY. Best value around for a FIRST FLOOR CORNER 2 bedroom - 2 full bath condominium spanning 1167 square feet under air; QUIET park-like setting in the backyard and the sought after east exposure; 17 foot long eat-in kitchen including a stack washer-dryer; 29 foot long living room/dining area; white tiled kitchen and hallway; "covered" open front patio for your year-round usage; needs some updating and some enhancements; 55+ community- where at least one occupant must be 55+ and co-occupants 18+; $623/month maintenance fee includes water, fiber optic cable, in-unit WIFI, fully funded reserves at apx 15% and usage of 2 clubhouses - 2 heated pools - fitness room - pickleball/tennis/ bocce courts. All roofs were replaced in 2025--all buildings less than 3 stories. *2 bedroom - 2 full baths spanning an impressive 1167 square feet of living area that includes a spacious eat-in kitchen measuring 17 feet long, and a generous living room/dining area extending 29 feet, providing ample space for relaxation and entertainment. *Easy access 1st floor corner in 8-plex that benefits from additional natural light with three extra windows compared to interior units. *Plus a 13' x 7' covered patio just outside your front door- for year round usage. * The backyard is one of the few wide open garden-like settings in the community *White Ceramic tile floors in kitchen and hallway *2026 Monthy Maintenance Fee: $623. 00 All 684 units pay the same monthly fee and it includes city water & sewer, Xfinity fiber optic cable (including HBO), Xfinity in-unit WIFI ("internet service"), exterior painting, roof maintenance & repair, fully funded reserves (apx 15% of the $623 goes to reserves), usage of 2 clubhouses, 2 heated pools, the newly expanded and renovated fitness room in the North Clubhouse plus tennis-pickleball-bocce courts. *EQUIPMENT *RHEEM CONDENSOR/COMPRESSOR M# 13AJL24A01 S# 7666W250907618 2 ton; 13 SEER Condensing Unit (24, 000 BTU/HR); EER: 11. 15; scroll compressor; *RHEEM HANDLER M# RBHP-17J06SH1 S#: M100907377 Multiposition Air Handler With X-13 (ECM) Motor, R410A, 5 kW Electric Heat *RHEEM WATER HEATER: M# PROE30SWRH95B S# Q151712751 30 gallon capacity; twin 3500 watt elements, 1 phase, premium anode rod. *GE INDOOR LOAD CENTER (ELECTRICAL PANEL) M# POWERMARK GOLD with 100 amp service. *APPLIANCES: *FRIGIDAIRE RANGE M# FEF316BQE S#VF60252177 30 Inch Freestanding Electric Range with 4 Coil Elements & Manual Clean Oven: Bisque on Bisque Primary Oven Capacity: 4. 1 Cu. Ft. *FRIGIDAIRE DISHWASHER: needs repair M# FD81050RE02 S# TH64220532 Full Console Dishwasher with 5 Cycles, Static Vent Drying & 5-Level Precision Wash System: White-on-White; Capacity: 14 Place Settings *KENMORE SEARS COMBINATION WASHER-DRYER M# 417. 97804790 S#: XE7246517 *2025 Annual Real Estate Tax: $2942 (without any exemptions) Don't forget that you'll be located within the city limits of Delray Beach and NOT "county" Delray Beach and accordingly you have approximately 43 street lights and they are maintained by the city of Delray Beach. Plus you're eligible for freE parking in certain lots (WITH an annual permit) in "Downtown Delray Beach". . *The information provided on these pages is not warranted nor guaranteed as 100% accurate. It is subject to inadvertent error, omission, miscalculation, misinterpretation and misinformation. It has not been independently verified that all the features shown for the appliances and equipment actually exist-as the features are taken from the manufacturer's on-line specs about that model number shown and features may have been modified or eliminated by the manufacturer without the updating of the information on-line. All measurements, dimensions, capacities, sizes, materials used, monetary figures, rules & regsulations and buyer guidelines shown are not warranted nor guaranteed and need to be independently verfied by a buyer - if so desired. *BUYER GUIDELINES: At least one approved buyer must be 55+; approved co-buyers must be at least 18 years of age and can only be in residence if an 55+ approved buyer is in residence at the same time; persons not on the deed and who plan to reside at the residence for more than 30 days per year must be approved as an "occupant"and be 18+. UP to 2 indoor cats, caged birds and tropical fish are welcome as pets. Owner and guest overnight parking is limited to automobiles, SUVs, non-business passenger vans, motorcycles and small personal non-commercial open bedded pickup trucks (with no visible signage, tools or equipment); all vehicles must fit within the white stripes of parking spaces in both length and width; after 18 months of ownership unit owners can be eligible to lease out their unit (approved leases must be for a 4 month minimum and only one lease is allowed per 12 month period); title to a property cannot be taken by an LLC, a corporation, business trust, business partnership or business co-ownership; however title can be in a personal or family trust, a non-business partnership/co-ownership, a life estate or a Lady Bird Deed; a minimum credit score of 650 is required of all buyers on the purchase contract; no business can be run out of a unit whereby customers or clients come to the unit or onto the common grounds; no smoking is permitted within 50 feet of a building including catwalks, stairwells or on open patio areas; seller financing or private financing is not permitted; you can have guests stay in the unit without the owner being present(with association approval) for a maximum of 30-days per calendar year; wind-chimes/noise-makers cannot be hung outside. The open patio area in front of #101 and #104 units is a limited common element and is customarily only used by those units. ***************
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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 | $111,600 | $111,600 | $111,600 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.615% | 5.952% |
| Monthly Tax Payment | $245 | $245 | $245 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $668 | $705 | $927 |
| Total Monthly Payment | $988 | $1,025 | $1,247 |
* 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.