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Modern remodeled 2/2 fully furnished turnkey condo offered as a seasonal rental. This unit has everything you need for convenient living. Located in the sought after community of Boca Bayou in east Boca Raton. Enjoy sparkling water views from your condo and screened in balcony. Experience the tranquility of waterfront living, where you can unwind and savor the gentle breeze from your private retreat. Wake up each morning to picturesque scenery and relax in a peaceful setting that's perfect for both work and leisure. Cable, HBO, wifi and water is included. Boca Bayou is a gated community offering 5 heated pools, tennis, putting green, new clubhouse coming soon with fitness center and so much more. Close to beach, Mizner Park shopping & restaurants. Owner prefers a minimum 4 month lease, however is negotiable. The unit can be rented for 3 months at $5, 000 per month, 4 months at $4500. per month, 5 or 6 months at $4, 000. per month. Minimum credit score per HOA is 700. 13% tourist tax applies. Renter's Insurance required and $150 cleaning fee. Non smokers only.
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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 | $4,000 | $4,000 | $4,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $25 | $25 | $33 |
| Total Monthly Payment | $100 | $100 | $108 |
* 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.