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Experience boutique beachfront luxury at Salato 301, offering an unmatched lifestyle on one of Pompano Beach's most desirable stretches of sand, same shoreline as the Waldorf Astoria and Ritz-Carlton at a fraction of the price. Experience boutique beachfront luxury, perfectly positioned on one of Pompano Beach's most desirable stretches of sand sharing the same shoreline as the Waldorf Astoria and Ritz-Carlton at a fraction of the price. Wake up to breathtaking sunrises and unwind with stunning sunsets from your oversized private terrace. Enjoy exclusive beach service and walk to over 12 restaurants, waterfront dining, entertainment, and the Water Taxi just minutes away. 301 offers the privacy of a boutique building with the amenities of a larger tower. Salato Residence 301 is more than a home it's a lifestyle investment on one of South Florida's fastest-rising beachfront markets. Positioned on the same prestigious shoreline as the Waldorf Astoria and Ritz-Carlton, this boutique luxury residence offers the rare opportunity to own in an intimate building while enjoying the energy of a growing world-class destination. From morning sunrises over the Atlantic to evening sunsets from your expansive terrace, every day feels like a private retreat. Walk to over a dozen restaurants, waterfront entertainment, and the Water Taxi, or enjoy exclusive beach service just steps from your front door. With flexible rental opportunities, Residence 301 also offers the ability to generate income while away, creating an ideal balance of lifestyle and smart ownership. As surrounding luxury developments continue to rise, so will values making this the perfect time to secure your place at Salato.
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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 | $1,996,000 | $1,996,000 | $1,996,000 |
| 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 | $11,361 | $11,361 | $11,361 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $11,648 | $11,967 | $16,843 |
| Total Monthly Payment | $23,134 | $23,453 | $28,329 |
* 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.