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La Casa Rosada at 406 N Ocean Boulevard is a rare beachside estate in the heart of Delray Beach, offering an extraordinary combination of privacy, character, location, and unobstructed ocean views. Nestled behind lush tropical landscaping on a remarkably deep 350+ foot parcel, this timeless residence is just moments from the beach and Atlantic Avenue's acclaimed dining, shopping, and cultural attractions. The residence offers 3 bedrooms and 3. 1 baths, including gracious living and entertaining spaces that open seamlessly to the gardens and pool. Additional flex spaces provide the opportunity to easily accommodate a fourth bedroom, office, library, or den, offering versatility to suit a variety of lifestyles. Rich in architectural character and timeless appeal, the home presents a unique opportunity to enjoy as-is, thoughtfully enhance, or create a future legacy estate. Surrounded by mature palms and enchanting gardens, the property feels worlds away while remaining in one of Delray Beach's most desirable locations. Expansive brick terraces, tranquil water features, and a resort-style pool create a secluded outdoor sanctuary rarely found so close to the ocean. Adding to its appeal, the property is ideally positioned directly across from the ocean, where a uniquely private setting enhances the beautiful views and peaceful coastal ambiance. With exceptional ocean views, estate-sized grounds, unmatched privacy, and walkability to Atlantic Avenue, La Casa Rosada represents a truly rare offering in Delray Beach's coveted beach area.
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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 | $9,596,000 | $9,596,000 | $9,596,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.251% | 6.086% | 6.183% |
| Monthly Tax Payment | $7,401 | $7,401 | $7,401 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $56,000 | $57,533 | $80,977 |
| Total Monthly Payment | $63,526 | $65,059 | $88,503 |
* 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.