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Corner residence at Martinique, directly on the ocean on Singer Island, one of only four units per floor, each with a double-door entry. The wrap-around balcony runs from the Intracoastal on the west around the south side, over the resort pool deck to the ocean beyond. Over 2, 000 SF: a split two-bedroom plan with three full baths plus a powder room, dual master walk-in closets, his-and-hers master baths, and a separate balcony facing the ocean directly. The community features resort-style amenities, including a newly renovated amenity deck with a heated swimming pool, BBQ's, on-site dining, tennis & pickleball, concierge, manned guard gate, beach service, fitness, and direct beach access. Furnished Annual lease is $5, 000/month; Seasonal Lease with a four-month minimum. THE RENTAL OPPORTUNITY At $5, 000 a month, unit 604 is the rare Singer Island rental where size, position, and lifestyle line up in one residence. Most two-bedroom rentals on the island make you choose: square footage or a real view, a private floor plan or resort amenities, the ocean or the Intracoastal. This unit gives you all of it over 2, 000 square feet, a true corner position with water on two sides, a wrap-around balcony, and full resort amenities on the sand, at a price that does not exist for this combination anywhere else on the island right now. THE RESIDENCE Unit 604 is a corner residence on the sixth floor. Martinique places only four units on each floor, every one a corner unit with a private double-door entry — a layout found nowhere else on Singer Island at this scale. The wrap-around balcony extends from the west side, facing the Intracoastal, around the south side, overlooking the resort-style pool deck and the ocean beyond. A separate, private master balcony faces the ocean directly. At over 2, 000 square feet, this is one of the largest two-bedroom residences on Singer Island. The split floor plan keeps the master suite fully private on one side and the guest suite, with its own full bathroom, on the other. The home has two bedrooms and three full bathrooms plus a powder bathroom, a feature not found in most two-bedroom units on the island. The master suite includes two walk-in closets and his-and-hers bathrooms. Ceilings run approximately 8. 5 feet throughout, with generous room sizes and a southwest exposure: Intracoastal views to the west, ocean and pool views to the south. The residence has been professionally cleaned throughout and is ready for move-in. THE COMMUNITY: MARTINIQUE RESORT LIFESTYLE Martinique sits directly on the ocean, with every amenity on site. Residents describe it as a resort they live in. The building recently completed a pool modernization project; one of the two pools is open now, with the second to follow. An on-site restaurant serves residents poolside, delivers to the unit, or seats you in for happy hour, lunch, or dinner. Beach service is available, with two cushioned lounge chairs, an umbrella, and a table set up on the sand for you. The building also offers a full fitness center, pickleball, and direct beach access. Martinique is within walking distance of the Ocean Mall, live music venues, dining, and shopping on Singer Island, as well as area parks. All building amenities are included for tenants. LEASE OPTIONS Annual rental at $5, 000 per month, or seasonal rental at $8, 000 per month with a six-month minimum between November and April. The tenant is responsible for electric only, billed separately based on usage. A $250 exit cleaning fee applies. No pets. An HOA rental application is required. Cable & WIFI Included. THE LOCATION Singer Island is a barrier island between the Atlantic Ocean and the Intracoastal Waterway in Palm Beach County, Florida. Martinique, at 4100 N Ocean Drive, sits directly on the ocean, with Intracoastal views from the west-facing residences. It is within walking distance of the Ocean Mall, restaurants, and live music, and close to Phil Foster Park, the Blue Heron Bridge, and some of the best snorkeling in South Florida. Palm Beach Island, Worth Avenue, and PGA Boulevard are all minutes away. This is resort living on one of Florida's most desirable barrier islands.
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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** | 5.875% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.230% | 6.512% | 5.866% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $24 | $25 | $33 |
| Total Monthly Payment | $99 | $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.