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A rare opportunity to own a brand-new luxury 5 bedroom 5 1/2 bath residence in one of East Delray's most desirable gated communities. Ideally located just five minutes from the vibrant restaurants, boutiques, & nightlife of Atlantic Avenue, you'll enjoy the best of Delray Beach while coming home to a peaceful, private setting away from the crowds. The beach, world-class dining, & everything that defines the South Florida lifestyle are just minutes away. Never lived in and loaded w/designer upgrades, this stunning residence offers a sophisticated blend of contemporary architecture & timeless elegance. A dramatic floating staircase w/sleek glass railings creates an unforgettable first impression, while soaring ceilings, oversized porcelain tile flooring, & a bright neutral palette provide modern aesthetic throughout. Designed for both everyday living and effortless entertaining, the chef's kitchen is equipped with premium Wolf and Sub-Zero appliances, custom cabinetry, quartz countertops, designer hardware, and an expansive island that opens seamlessly to the main living spaces. The luxurious primary suite is a private retreat featuring two private balconies, dual water closets, a freestanding soaking tub, a spa-inspired frameless glass shower, custom high-gloss floating vanities, and professionally designed custom closets. Five bedrooms each feature their own en-suite bath, providing exceptional comfort and privacy for family and guests. Step outside to your fully equipped summer kitchen, creating the perfect space to enjoy year-round outdoor entertaining and the Florida lifestyle. With custom closets already completed, premium finishes throughout, and every a detail thoughtfully curated, this move-in-ready home offers the rare opportunity to enjoy brand-new luxury living in an unbeatable Delray Beach location. All information is subject to errors, omissions or changes.
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Our Executive Mortgage Banker:
Our Insurance Division:
$4,199,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $3,359,200 | $3,359,200 | $3,359,200 |
| 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 | $4,760 | $4,760 | $4,760 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $19,603 | $20,140 | $28,347 |
| Total Monthly Payment | $24,488 | $25,025 | $33,232 |
* 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.