All-ages gated community in west Delray Beach with resort-style amenities and low HOA fees covering clubhouse, pool, tennis/pickleball, security, landscaping, and exterior painting. 3 bedrooms, 2 bathrooms, 1, 600 sq ft single-story single-family home on a private ~0. 13-acre water view. Open floor plan, soaring vaulted ceilings, jumbo sized kitchen island with seating. 2-car attached garage. Resort pool + spa/sauna. 26, 000 sq ft clubhouse with restaurant/bar, fitness center, social halls, card/yoga rooms. Lighted clay tennis courts, pickleball courts, bocce courts, basketball court, playground. Nearly 2 miles of walking/biking paths, open green spaces, scenic lakes. Minutes to Atlantic Avenue (dining, shopping, entertainment), beaches, golf, Turnpike, airport and medical facilities. Ideally located in the heart of west Delray Beach, Polo Trace places residents just minutes from world-renowned Atlantic Avenue, known for its vibrant dining, shopping, art galleries, entertainment, and nightlife. Beautiful South Florida beaches, championship golf courses, major highways including the Florida Turnpike, airports, and top-rated medical facilities are all conveniently nearby, providing the perfect balance of luxury, convenience, and recreation. This is a wonderful opportunity to own in one of Delray Beach's premier all-ages gated communities with resort-style amenities and exceptional location. Low HOA fees cover clubhouse access, pool, tennis/pickleball, security, landscaping, and exterior painting. What's not to love? Let's make it your new home
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$749,000
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
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $599,200 | $599,200 | $599,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.500% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.424% | 6.650% | 5.972% |
| Monthly Tax Payment | $688 | $688 | $688 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,641 | $3,787 | $4,976 |
| Total Monthly Payment | $4,421 | $4,567 | $5,756 |
* 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.