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Great Opportunity! Beautiful waterview! Private and quiet street. Buy at a lower price and make it your own. This is the best buy in an active lifestyle community. Don't miss your chance. The Grove is an active-adult 55+ community with 501 homes, situated in southern Palm Beach County in Boynton Beach, Florida, one of Palm Beach County's most desirable areas. The Grove is located approximately seven (7) miles west of the Atlantic Ocean, between the cities of West Palm Beach to the north, Delray Beach and Boca Raton to the south. With nearby access to Florida's Turnpike and I-95, all of southeast Florida's wonderful attractions are within easy reach. The beautiful ocean beaches and the Intracoastal Waterway are literally just minutes away. Our 24-hour staffed, gated enclave features features ten (10) lakes which grace the community's four neighborhoods, consisting of estate homes, manor homes and coach homes. A stately entrance drive, surrounded by beautiful palm trees, provides an attractive welcome and links a pedestrian-friendly walkway to each neighborhood. Swaying palms and native trees dot the community. Our friendly community has a beautiful clubhouse which is easily accessible from all areas of the development. The Grove Clubhouse features an Olympic-sized swimming pool, a sauna and a Jacuzzi. The pool is heated during winter months and cooled during the summer months. The pool deck features attractive and comfortable lounge chairs, tables and umbrellas. The clubhouse, with its exquisite atrium, features a beautiful multi-purpose ballroom for parties, shows and gatherings. A state-of-the-art fitness center includes the latest cardiovascular equipment, weights and treadmills. In addition, there are several card rooms, a billiards/pool room, an arts & crafts room and a library. Adjacent to the clubhouse are four (4) championship Har-Tru tennis courts, two (2) pickleball courts, a shuffleboard court, bocce court and putting green. Our full-time adminstrative/ social director provides us with fabulous entertainment, including informative and entertaining lecture series, all year long. The Grove offers something for everyone, including Men's & Women's Clubs, Tennis Club, Singles Club, Boomers Club, Hot Topics Club, Jewish Heritage Club, Performing Arts League, Snowbird Club, Bowling, PAP Corps and Hadassah, billiards, aerobics classes and many other activities. Located nearby are a variety of shopping centers containing a Super Target, Publix supermarkets, future Whole Foods, restaurants, Urgent Care, a hospital, future library and many other amenities. We look forward to welcoming you to our lovely community. Come visit us and see what we're all about! The Grove can be reached by car by taking I-95 to the Boynton Beach Boulevard exit, traveling west for about five miles. The Grove is on the right-hand side of Boynton Beach Boulevard, just before Florida's Turnpike, approximately 1/4 mile west of Hagen Ranch Road. The Grove is also accessible from Florida's Turnpike at the Boynton Beach Boulevard exit (No. 86). ,
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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 | $248,000 | $248,000 | $248,000 |
| 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 | 6.324% | 6.524% | 5.846% |
| Monthly Tax Payment | $186 | $186 | $186 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,467 | $1,547 | $2,043 |
| Total Monthly Payment | $1,728 | $1,808 | $2,304 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.