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TURNKEY GOLDMINE! RARE WEST PALM BEACH GEM! BRAND NEW ROOF 2025 (guarantees huge insurance savings), NO HOA, NO FLOOD ZONE! Fully renovated charming 4BD/2. 5BA pool home on iconic, festive Gabriel Lane—famous for holiday lights with massive Short-Term (Airbnb/VRBO) or Long-Term rental appeal. Perfect for savvy investors eyeing top rental income or families seeking a vibrant primary residence. Features an open kitchen, private pool, and NO BACK NEIGHBORS. BUYER BONUS: Due to FIRPTA, incredible credits/incentives are available for owner-occupied buyers—save thousands at closing! Unbeatable location walking distance to Meadow Park Elementary; minutes to Downtown WPB, pristine beaches, Palm Beach Zoo, and world-class dining. Perfect as a high-yield asset or a dream primary home with total freedom. Easy to show—bring your offers! This unrestricted property offers a rare combination of modern living and maximum investment versatility. Inside, enjoy a bright, open layout with a fully updated kitchen and modern bathrooms. Outside, the home features a massive, fully fenced private pool oasis with complete privacy and NO BACK NEIGHBORS—an absolute paradise for families and vacation renters alike. The brand-new 2025 roof guarantees excellent wind-mitigation credits to significantly lower your annual homeowner insurance premiums. Strategically located just minutes from the best of Palm Beach, including pristine local beaches, the Palm Beach Zoo, Mounts Botanical Garden, Rapids Water Park, and the premier shopping and dining at Downtown West Palm Beach. Take advantage of total freedom with NO HOA fees or rental restrictions!
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed.Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$649,000
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 | $519,200 | $519,200 | $519,200 |
| 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% | 5.952% |
| Monthly Tax Payment | $655 | $655 | $655 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,155 | $3,278 | $4,311 |
| Total Monthly Payment | $3,902 | $4,025 | $5,058 |
* 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.