3140 S Ocean Boulevard, #101 S, Palm Beach, FL, 33480 | $1,500,000

An exceptional opportunity to own one of the best values at Carlton Place. While many renovated residences in this premier Palm Beach oceanfront condominium have sold for over $3 million, this spacious 2, 533-square-foot, 3-bedroom, 3-bath corner residence is offered at nearly half the cost of many recently renovated residences in Carlton Place. —an incredible opportunity to create your own custom Palm Beach home while buying at a remarkable value. Ideally positioned on the first floor with desirable southwest exposure, the residence is filled with natural light and enjoys beautiful Intracoastal views, spectacular sunsets, and sparkling evening lights across the water. The expansive wraparound terrace offers seamless indoor-outdoor living and the perfect place to relax while watching boats cruise along the Intracoastal. Step directly from your residence toward the beach for the convenience of true first-floor oceanfront living. Lovingly maintained and move-in ready, the home offers the flexibility to enjoy immediately while planning a renovation tailored entirely to your vision. With major renovations limited to the off-season, this makes this an ideal opportunity to thoughtfully design your future residence rather than paying a premium for someone else's finishes. Carlton Place is a full-service oceanfront building featuring a 24-hour manned gate, doorman, two garage parking spaces, beautifully renovated resort-style pool, private beach pavilion with direct beach access, fitness centers, tennis, pickleball, social room, catering kitchen, library, and beautifully maintained grounds. Impact windows have already been paid for and are scheduled for installation. Located just minutes from Worth Avenue, world-class shopping and dining, and Palm Beach International Airport, 3140 S Ocean Blvd #101S represents one of the best opportunities to own in one of Palm Beach's most desirable oceanfront communities.

Features

  • Parking: Garage, Attached Garage
  • Heating: Central
  • Cooling: Central Air, Ceiling Fan(s)
  • Levels: 5
  • Amenities: Beach Access, Billiard Room, Car Wash Area, Elevator(s), Fitness Center, Game Room, Management, Parking, Pool, Sauna, Spa/Hot Tub, Storage, Tennis Court(s), Manager On Site, Trash Chute, Bike Storage, Business Center, Kitchen Facilities, Lobby, Maintained Community, Pickleball Court(s), Private Beach Pavilion, Gated
  • Rooms: 6
  • Bedrooms: 3
  • Baths: 3 full
  • Laundry: Laundry Closet, In Unit
  • Complex: CARLTON PLACE CONDO
  • Year Built: 1982
  • Common Charge: $11,531 Quarterly
  • Approx Sq. Feet: 2,533
  • Est. Taxes: $14,521
  • View: Tennis, Water, Intracoastal
  • Water Front: Yes
  • Elem. School: Palm Beach Public
  • Middle School: Lake Worth
  • High School: Lake Worth
  • Pet Policy: No
  • Appliances: Cooktop, Dryer, Disposal, Dishwasher, Electric Range, Microwave, Oven, Refrigerator, Washer
  • MLS#: B26054722
  • Website: https://www.raveis.com
    /prop/B26054722/3140soceanboulevard_palmbeach_fl?source=qrflyer
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed.

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

The Brasco GroupSales Associates

617.519.1517

TheBrascoGroup@Raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
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To learn more about our credentials, visit raveis.com today.

Andrew van DykVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 23716

781.490.5670

Andrew.vanDyk@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
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Paul BerriosRegional SVP, Insurance Sales Producer, William Raveis Insurance

978-337-3053

Paul.Berrios@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

3140 S Ocean Boulevard, #101 S, Palm Beach, FL, 33480

$1,500,000

The Brasco Group

Sales Associates

William Raveis Real Estate

Phone: 617.519.1517

TheBrascoGroup@Raveis.com

Andrew van Dyk

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 781.490.5670

Andrew.vanDyk@raveis.com

NMLS Mortgage Loan Originator ID 23716

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,200,000 $1,200,000 $1,200,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.000% 6.250% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.326% 6.361% 6.183%
Monthly Tax Payment $1,210 $1,210 $1,210
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,195 $7,389 $10,126
Total Monthly Payment $8,530 $8,724 $11,461

* 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.