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Introducing a rare waterfront offering in Lake Ida, one of Delray Beach's most sought-after enclaves. Perfectly positioned on a premier canal-front lot with private dockage and direct access to Lake Ida's coveted chain of three lakes, this impeccably renovated 4-bedroom, 3. 5-bath residence offers the ultimate blend of luxury, lifestyle, and location. Thoughtfully designed for both effortless everyday living and sophisticated entertaining, the home showcases dramatic 12' volume ceilings, skylights, expansive impact windows and doors, oversized Italian porcelain flooring, and a light-filled open-concept layout that seamlessly blends indoor and outdoor living. Natural light pours into every space, creating an airy, inviting atmosphere throughout. At the heart of the home, a show-stopping chef's kitchen serves as the centerpiece of the residence, featuring dual oversized islands, quartz countertops, premium appliances including a Sub-Zero refrigerator, abundant custom cabinetry, and exceptional space for gathering with family and friends. Expansive impact glass invites the outdoors in, opening to a private tropical sanctuary designed to embrace the South Florida lifestyle. Surrounded by mature landscaping and exceptional privacy, the resort-style 8' heated and chilled pool, expansive covered patio, premium turf, and private dock create an extraordinary waterfront retreat. Whether enjoying a morning paddle, an afternoon boat ride, jet skiing, or an evening cocktail by the pool, every day feels like a vacation in this idyllic waterfront setting. The thoughtfully designed split-bedroom floor plan offers both privacy and flexibility, while the extensive renovation showcases exceptional craftsmanship, designer finishes, and premium upgrades throughout. An oversized driveway, lush tropical landscaping, and meticulously curated outdoor spaces further elevate the property's appeal. Located in the highly desirable Lake Ida neighborhood with no HOA, residents enjoy walkable access to Lake Ida Park, playgrounds, boat ramps, walking trails, and the Delray Beach Playhouse. Just a golf cart drive or bike ride away from Atlantic Avenue's acclaimed dining, boutique shopping, Pineapple Grove, vibrant nightlife, and Delray Beach's award-winning shoreline, this location offers the rare combination of waterfront tranquility and downtown convenience. Whether seeking a full-time residence, an exceptional seasonal retreat, or a property with strong long-term investment appeal, 1002 Lake Shore Drive offers a rare combination of waterfront living, ownership flexibility, and one of the most desirable lifestyle locations in South Florida. The absence of HOA restrictions further enhances the property's versatility, providing a level of freedom rarely found in a waterfront setting of this caliber. Waterfront. Walkability. Luxury. Lifestyle. This is Lake Ida living at its finest.
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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** | 5.750% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.263% | 6.121% | 6.183% |
| Monthly Tax Payment | $2,167 | $2,167 | $2,167 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $13,982 | $14,365 | $20,219 |
| Total Monthly Payment | $16,274 | $16,657 | $22,511 |
* 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.