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Premium Burg & DiVosta-built home in the Spanish Villa style featuring a distinctive terracotta roof nestled on an Old Florida park of mature live oaks, cascias, and other traditional South Florida plantings, with a meticulous, rolling lawn reminiscent of the classic British/Scottish golf courses. This rarely available home features Frank Lloyd Wright inspired renovations, chic open floor plan that captures our unique Florida indoor/outdoor lifestyle, screened pool, kitchen upgrades featuring Caesar stone, butcher block waterfall counters, hand waxed white pine accent wall, hand stained solid wood, Bosch Suite appliances, multiple entertainment venues, thoughtful $15, 000 + landscape design by Jupiter Island Landscape, $200, 000+ upgrades, 3BR/+Loft/2Bth/2 CG, pool, screen enclosure and more. The Villas of Bear Lakes Estates is a signature Burg & DiVosta 24-7 gated/attended resort community located in the Villages of Palm Beach Lakes near the prestigious Bear Lakes Country Club with two 18-hole championship golf courses designed by the legendary Jack Nicklaus and currently undergoing a $10M renovation, conveniently located minutes from City Place, Kravis Center for the Performing Arts, vibrant Clematis Street, world class Norton Museum, The Breakers Palm Beach, Worth Avenue, Downtown at the Gardens, fabulous Palm Beach County beaches, Village Commons, Palm Beach International Airport, Amtrak, I-95 and the Florida Turnpike. Bear Lakes Country Club. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 Minutes Village Commons Plaza. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 Minutes City Place. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16 Minutes Kravis Center. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 Minutes Norton Museum. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16 Minutes The Breakers Palm Beach. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20 Minutes White Elephant Hotel Palm Beach. . . . . . . . . . . . . . . . . . 19 Minutes The Mar-A-Lago Club. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19 Minutes Amtrak/Tri Rail/Bright Line. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 Minutes Palm Beach International Airport. . . . . . . . . . . . . . . . . . . . 14 Minutes The Villages of Palm Beach Lakes Property Owners Association maintains Perini, Shiloh, and Saratoga Parks in the Villages, offering large swimming pools, kiddie pools, softball fields, lighted tennis courts, racquetball courts, sand volleyball courts, playgrounds, a jogging trail, picnic areas, tables, charcoal grills, and the new ''Paws Park'' on Saratoga Road. Discover the Villages of Palm Beach Lakes with its unique West Palm resort lifestyle. . . And you'll call it home! Saratoga Bay is a non-mandatory golf membership community; however, many homeowners are Golf and Social members at the Bear Lakes Country Club.
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|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $619,600 | $619,600 | $619,600 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.615% | 5.866% |
| Monthly Tax Payment | $377 | $377 | $377 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,711 | $3,912 | $5,104 |
| Total Monthly Payment | $4,180 | $4,381 | $5,573 |
* 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.