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Welcome to this well-maintained Palm Beach residence in Estates I of The Grove, one of Boynton Beach’s 55+ gated communities. This spacious 3/2, turn-key home offers 1, 972 sqft of living space and has been freshly painted inside and out, including the garage. The property features updated professional landscaping that enhances its curb appeal. Inside, you’ll find an updated kitchen with granite, cabinet rollouts/pantry, updated bathrooms, abundant natural light, and a comfortable layout ideal for everyday living with a screened patio. Updates include a new Trane A/C in 2024, updated electrical panel, updated water heater, and new washer. Wind mitigation benefits include hurricane awning protection and an updated hurricane-rated garage door. An updated concrete tile roof was permitted in 2008/2009. The $522 monthly HOA includes weekly lawn maintenance, 24-hour gated security, high-speed Internet, cable TV, ADT, and more. Residents enjoy outstanding amenities, including a clubhouse with fitness center, sauna, library, resort-style pool, auditorium, tennis courts, and paddleball courts, plus a full calendar of social events. The location offers convenient access to the Florida Turnpike, I-95, downtown Delray Beach, beaches, shopping, dining, Whole Foods, and medical facilities. This is one of the most well-kept homes in The Grove, a move-in-ready property offering comfort, updates, and exceptional community living.
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Our Executive Mortgage Banker:
Our Insurance Division:
$425,000
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 | $340,000 | $340,000 | $340,000 |
| 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% | 6.512% | 5.866% |
| Monthly Tax Payment | $329 | $329 | $329 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,036 | $2,121 | $2,801 |
| Total Monthly Payment | $2,440 | $2,525 | $3,205 |
* 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.