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Step into this stunning residence and immediately feel at home. Designed with an open-concept layout and captivating water views, this fully renovated, move-in-ready condo blends modern coastal style with effortless elegance. At the heart of the home is a chef's kitchen featuring quartz countertops with full quartz backsplash, a fully integrated Sub-Zero refrigerator with dual freezer drawers and a Fulgor Milano range with a sleek stainless steel chimney hood—setting a clean, sophisticated tone throughout. The light-filled family room opens via sliding glass doors to a covered balcony, where you can enjoy serene water views and spectacular sunsets, perfect for dining or relaxing indoors and out. The oversized primary suite offers a private retreat, complete with a spa-inspired bathroom featuring wood cabinetry, quartz counters with double sinks and a glass walk-in shower. A custom closet completes the space. The generously sized second bedroom includes a Jack-and-Jill bathroom, providing both comfort and privacy for guests. Additional highlights include wood-look porcelain tile flooring throughout and full-impact doors and windows for enhanced quiet and security. This unit is ready for it's new owners to love and enjoy from day 1. Cambridge Condominium is a rare gem on A1A in coveted Delray Beach—an intimate, gated community of just eight residences. This unit includes two assigned parking spaces and a true trophy amenity: your own private boat dock just outside your door, accommodating vessels up to 50 feet. Ideally located, Cambridge offers easy access to the beach, shopping, dining, and the vibrant energy of Atlantic Avenue. All information is deemed reliable but should be independently verified by buyer or buyers agent.
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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 | $1,040,000 | $1,040,000 | $1,040,000 |
| 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 | $1,421 | $1,421 | $1,421 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,235 | $6,403 | $8,776 |
| Total Monthly Payment | $7,781 | $7,949 | $10,322 |
* 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.