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Welcome to one of the best waterfront values in Palm Beach County steps to the beach. Located on the sought-after barrier island community of Hypoluxo Island, this waterfront home offers a rare opportunity to enjoy the South Florida coastal lifestyle at an exceptional price point. Just steps from the beach and overlooking the protected waters of the Lantana Nature Preserve, this is currently the only waterfront single-family home available on a barrier island in Palm Beach County for under $3 million. Recently updated and move-in ready, the home features a beautifully renovated kitchen, updated finishes, soaring vaulted ceilings, marble flooring, and bright open living spaces designed for relaxed coastal living. The spacious primary suite enjoys tranquil water views, while the open floor plan seamlessly connects indoor and outdoor entertaining areas. Outdoor living is where this home truly shines. Relax beside the saltwater pool, enjoy the waterfront setting, or step onto your private dock with a 10, 000-pound boat lift and easy access to the Intracoastal Waterway and Atlantic Ocean. Whether you're heading out by boat, taking a short walk to the beach, or enjoying dinner at one of the area's nearby waterfront restaurants, the lifestyle here is effortless. This gated island retreat captures everything buyers love about South Florida living—waterfront views, beach access, boating, privacy, and exceptional value. Whether you're searching for a full-time residence, seasonal getaway, or waterfront investment, opportunities like this are increasingly hard to find. Come discover why so many buyers are finding their way to Hypoluxo Island—one of South Florida's best-kept coastal secrets and home to some of the best waterfront values remaining in Palm Beach County.
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NMLS Mortgage Loan Originator ID 16953
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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 | $2,396,000 | $2,396,000 | $2,396,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.312% | 6.235% | 6.223% |
| Monthly Tax Payment | $854 | $854 | $854 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $14,173 | $14,558 | $20,219 |
| Total Monthly Payment | $15,152 | $15,537 | $21,198 |
* 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.