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Seller pays current assessment at closing. Spacious 3BR/2BA condominium offering the opportunity to enjoy the highly desirable Abacoa lifestyle in the heart of Jupiter. Whether you're seeking a year-round residence, seasonal retreat, or a place where family and grandchildren can comfortably visit, this flexible floor plan provides room to live, work, and entertain. Enjoy peaceful green space views and the opportunity to update. Newer A/C (2023). Conveniently located just across from Somerset's clubhouse, pool, and fitness center, residents enjoy easy access to the community's most popular amenities. Abacoa's 393 acres of preserved greenway trails are just outside your door. Minutes to beaches, golf, dining, Roger Dean Stadium, FAU, Scripps and PBI Airport. Somerset at Abacoa offers a welcoming mix of retirees, seasonal residents and families, creating a relaxed yet vibrant atmosphere. Residents enjoy a resort-style pool, clubhouse with fitness center and weight room, children's playroom, library, meeting room, putting green, playground and spacious picnic and barbecue area. Abacoa includes approximately 393 acres of preserved open space with a scenic greenway system offering miles of walking and biking trails past lakes, fountains and charming gazebos. The trails are thoughtfully maintained, reflecting the association's ongoing commitment to cleanliness and care. It's a rare opportunity to enjoy a peaceful, park-like setting right in the heart of Jupiter--where nature and convenience coexist effortlessly. The Abacoa Town Center is just minutes away from the condo with festivals, outdoor concerts, spring training for the Cardinals and Marlins at Roger Dean Stadium plus year round baseball games, tennis, soccer fields and a skateboard park. Jupiter Medical Center and surrounding medical offices are nearby for added convenience. The beaches, including dog-friendly stretches, are approximately 10 minutes away, along with golf, waterfront dining and the Jupiter Inlet. The Gardens Mall and Downtown at the Gardens provide additional shopping and dining, and Palm Beach International Airport is just 20 minutes away. The community is thoughtfully investing in its long-term structural integrity, an important step that supports durability, safety and long-term value for owners.
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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 | $324,000 | $324,000 | $324,000 |
| 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 | $211 | $211 | $211 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,940 | $2,021 | $2,669 |
| Total Monthly Payment | $2,226 | $2,307 | $2,955 |
* 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.