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Welcome to this charming efficiency apartment ideally located in the heart of Palm Beach Shores, one of South Florida's most sought-after beachside communities. Perfectly positioned just over the Blue Heron Bridge and moments from Phil Foster Park, this cozy residence offers an unbeatable opportunity to enjoy island living at an affordable price. This thoughtfully designed efficiency features an open-concept layout where the living area, sleeping space, and kitchen seamlessly come together, creating a comfortable environment along with a private bathroom to complete the space. Step outside and immerse yourself in everything Palm Beach Shores has to offer. Spend your mornings walking to the beach, snorkeling at the world-famous Blue Heron Bridge, fishing along the inlet, or enjoying waterfront dining just minutes from your front door. Sailfish Marina, Peanut Island, Phil Foster Park, and the beautiful beaches of Singer Island are all nearby, placing some of Palm Beach County's best outdoor recreation at your fingertips. Even better, electric and water are included in the rent, making budgeting simple and convenient. If you're looking for a full-time residence this efficiency offers the perfect combination of convenience, value, and the relaxed beach lifestyle that makes Palm Beach Shores so special.
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Our Executive Mortgage Banker:
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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 | $960 | $960 | $960 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.866% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $6 | $6 | $8 |
| Total Monthly Payment | $81 | $81 | $83 |
* 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.