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Exceptionally renovated and move-in ready, this stunning 2-bedroom, 2-bath residence at The Claridges offers the perfect blend of luxury, comfort, and coastal living. This beautifully updated home features 1, 392 square feet under air and an impressive 44-foot balcony with beautiful views of both the Atlantic Ocean and Intracoastal Waterway. The designer kitchen was completely remodeled in 2022 and showcases custom cabinetry, illuminated quartzite countertops, black stainless smudge-resistant LG appliances, and a water filtration system serving both the kitchen sink and refrigerator. Porcelain tile flooring flows throughout the residence, while the spacious living area is highlighted by a striking stone accent wall, multi-color electric fireplace, wood-paneled ceiling, and recessed lighting. The primary suite enjoys ocean and Intracoastal views, plantation shutters, customizable LED lighting, and a beautifully remodeled bath with dual sinks, separate vanity area, and premium finishes. The guest bath has also been fully renovated. Additional features include a full-size stackable washer and dryer, newer A/C (2020), abundant storage, a private lockable storage closet, and two assigned parking spaces—one conveniently located just outside the building entrance. Residents of The Claridges enjoy direct beach access and resort-style amenities including a heated oceanfront saltwater pool, fitness center, sauna, social rooms, and more. Ideally located along Palm Beach's desirable South Ocean Boulevard corridor, the property is just minutes from Lake Worth Beach and Lake Avenue to the north, and Ocean Avenue and its popular waterfront dining, shopping, and entertainment destinations to the south. Experience the best of Palm Beach coastal living in this exceptional turnkey residence.
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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 | $559,200 | $559,200 | $559,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.424% | 6.640% | 5.972% |
| Monthly Tax Payment | $574 | $574 | $574 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,398 | $3,531 | $4,644 |
| Total Monthly Payment | $4,064 | $4,197 | $5,310 |
* 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.