5280 N Ocean Drive, #12f, Riviera Beach, FL, 33404 | $15,000

Enjoy wide open water views of the Atlantic ocean, Singer Island shoreline and the whole Intracoastal Waterway! This open concept condo has been renovated top to bottom from the studs out. Ceilings raised and a Venetian plaster coating added to create a brilliant high shine. This one of a kind condo features 24'' x 48'' Italian porcelain tile throughout and extends onto the balcony creating an amazing outdoor living space. The open concept layout is perfect for entertaining or relaxing at home watching the sunset. The designer kitchen features extensive custom cabinetry, pantry, an island with seating, quartz countertops, all new appliances and bar with wine fridge. The bathrooms offer beautiful tiled showers with luxury rainfall shower heads, frameless glass and double sinks with . . . . . . . . . Quartz counter tops. The oversized laundry room features side by side washer and dryer with tons of extra storage space. There is also a bonus room which is perfect for a home office or additional storage. This pristine unit also features solid core doors, built in closet cabinetry, custom lighting and concealed sprinklers. Garage parking for 2 cars. The Reaches common areas have undergone extensive renovations including a brand new stunning lobby, waiting area (with TV & Library), mail room, gym and social/party room (with 3 big TV screens, new Pizza Oven, many gathering areas as well as counter style eating areas. ) with lots of glass overlooking the ocean. The huge (almost 1 acre in size!) pool area has new furniture and there is also deck furniture placed at the beach, so owners do not have to carry their own chairs, if they don't wish to (there is a room for storing beach chairs). There is a lighted tennis court, a one-of-a-kind indoor racquetball court with viewing area, 2 shuffle board courts and indoor pool table. The building has CCTV in various areas, as well as 24/7 security gate attendants and call box at lobby entrance. Reaches consists of 94 condominiums (6 per floor) on 19 floors with 4 acres of tropical landscaping. Reaches 12F is a must see! Parking Space #130

Features

  • Type: Condominium
  • Amenities: Billiard Room, Clubhouse, Elevator(s), Fitness Center, Management, Pool, Storage, Manager On Site, Trash Chute, Bike Storage, Community Room, Internet Included, Library
  • Rooms: 7
  • Bedrooms: 3
  • Baths: 2 full / 1 half
  • Laundry: Inside, Laundry Room
  • Year Built: 1981
  • Garage: 1-car Attached
  • Heating: Central Individual
  • Cooling: Central Air, Central Individual
  • Approx Sq. Feet: 2,200
  • Water Front: Yes
  • Elem. School: Lincoln
  • Middle School: John F. Kennedy (Palm Beach)
  • High School: William T. Dwyer
  • Pet Policy: No
  • Appliances: Electric Water Heater, Cooktop, Dryer, Disposal, Dishwasher, Ice Maker, Microwave, Refrigerator, Water Heater, Range, Freezer
  • Lease Term Type: Other
  • Tenant Pays: Electricity
  • MLS#: B26039549
  • Website: https://www.raveis.com
    /prop/B26039549/5280noceandrive_rivierabeach_fl?source=qrflyer
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Listing courtesy of Singer Island Real Estate

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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5280 N Ocean Drive, #12f, Riviera Beach, FL, 33404

$15,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $12,000 $12,000 $12,000
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 $71 $75 $99
Total Monthly Payment $146 $150 $174

* 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.