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Nestled in the highly sought-after Highland Pines neighborhood, this charming cottage-style home sits on a spacious ¼-acre lot with no HOA and endless possibilities. Plenty of room to add a pool, expand the existing home, build a guest house, garage, studio apartment, or create your dream backyard oasis. Bring your boat, RV, commercial vehicles, and trailers with no HOA restrictions. Located in a quiet neighborhood with nice neighbors and country-style charm right in the middle of the city, this property offers incredible flexibility and investment potential. This home can function as a single-family residence, duplex-style setup, or income-producing property. The primary suite features its own private entrance and bathroom, creating the opportunity to rent the home as a 2-bedroom/1-bath Nestled in the highly sought-after Highland Pines neighborhood, this charming cottage-style home sits on a spacious ¼-acre lot with no HOA and endless possibilities. Plenty of room to add a pool, expand the existing home, build a guest house, garage, studio apartment, or create your dream backyard oasis. Bring your boat, RV, commercial vehicles, and trailers with no HOA restrictions. Located in a quiet neighborhood with nice neighbors and country-style charm right in the middle of the city, this property offers incredible flexibility and investment potential. This home can function as a single-family residence, duplex-style setup, or income-producing property. The primary suite features its own private entrance and bathroom, creating the opportunity to rent the home as a 2-bedroom/1-bath and separate 1-bedroom/1-bath setup, or as a full 3-bedroom/2-bath home. Lease immediately after purchasing with no rental restrictions, making this an amazing opportunity for investors, Airbnb potential, or multigenerational living. Inside, the home is bright and spacious with a great layout and flow, filled with natural light throughout. Features include tile flooring throughout, vaulted ceilings, shiplap tongue-and-groove wood ceilings with crown molding in the second bedroom, crown molding in the third bedroom, ceiling fans with lighting, and plenty of closet space. The primary suite offers French doors leading to the patio, while the second bedroom also has sliding glass doors to the outdoor space. Washer and dryer are conveniently located inside the home. CBS construction with a 2011 roof adds peace of mind. This property is truly a blank canvas waiting for its new owner to renovate and customize to their own taste and style. Incredible equity appreciation opportunity with neighboring comparable properties within a half-mile selling in the $1M+ range. Perfect for a buyer looking to renovate and flip, expand, or hold as a long-term investment. The fully fenced yard with lush landscaping offers plenty of room for pets, children, gardening, or entertaining. Located right off Northlake Boulevard near Military Trail, this prime location is close to Publix, shopping, restaurants, cafes, hospitals, and major highways, while being only a short drive to the beach, Palm Beach International Airport, and just minutes from PGA National Resort. Situated within an A-rated school district, this property offers location, flexibility, and opportunity all in one.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $359,200 | $359,200 | $359,200 |
| 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 | $186 | $186 | $186 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,212 | $2,268 | $2,983 |
| Total Monthly Payment | $2,473 | $2,529 | $3,244 |
* 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.