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Located in the heart of Osceola Park, this 6, 691 SF property offers a unique opportunity to secure a well-positioned parcel in one of East Delray's most sought-after neighborhoods. The existing 2-bedroom, 1-bath home is livable and can serve as a rental or short-term hold, but the true value is in the land. A neighborhood that has seen significant redevelopment over the past several years, Osceola Park continues to attract builders and buyers looking to put down roots close to the water and Atlantic Avenue. Positioned directly across from Currie Commons Park, the property benefits from open green space, mature trees, and a more open feel than most streets in this part of Delray — a combination that continues to attract both builders and end users to the area. The location places you within walking distance to Atlantic Avenue and less than a mile from the beach. Whether the plan is to build, live in the home, rent it, or hold for the future, the property offers flexibility with clear long-term upside. Additional details available upon request.
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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 | $727,200 | $727,200 | $727,200 |
| 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 | $787 | $787 | $787 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,360 | $4,478 | $6,137 |
| Total Monthly Payment | $5,239 | $5,357 | $7,016 |
* 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.