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** EAST OF US-1 – APPROX. 1. 5 MILES TO THE BEACH – ALL AGES WELCOME **Discover comfortable coastal living in this charming first-floor 1-bedroom, 1-bathroom condo, ideally located east of US-1 in the heart of Boynton Beach. No age restrictions, low HOA, pet friendly community (restrictions might apply) & lease Immediately. Laminated & title floors, new water heater and freshly painted. Enjoy the convenience of one assigned parking space located directly outside your door, along with ample guest parking. Ideally situated for the South Florida lifestyle, the property is within walking distance of the Intracoastal Bridge, Mangrove Park, and popular waterfront restaurants, including Two Georges and Banana Boat. The area is also very bike-friendly and just a short drive to Ocean Ridge Hammock Park, Oceanfront Park, and the vibrant downtown Boynton Beach and Delray Beach, offering exceptional dining, shopping, and entertainment. With easy access to major roadways, public transportation, beautiful beaches, shopping, and restaurants, this condo offers the perfect blend of comfort, convenience, and coastal living. * The Association approved special assessment (onetime fee) of $2, 100 which is due at the end of August. Seller requests that Buyer assume responsibility for payment of the assessment. Responsibility for the assessment is subject to the terms of the purchase and sale agreement. *Current owner inherited this property; Seller's Disclosure and Flood Disclosure responses are mainly unknown. * Information provided to the best of knowledge of seller; please verify accuracy with public records and association.
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Our Executive Mortgage Banker:
Our Insurance Division:
$128,000
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 | $102,400 | $102,400 | $102,400 |
| 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 | $25 | $25 | $25 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $622 | $647 | $850 |
| Total Monthly Payment | $722 | $747 | $950 |
* 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.