Charming Coastal Opportunity in Ocean Ridge! High elevation lot on the top of a hill you wont need flood insurance. Seize the chance to own this prime beachside property in the highly desirable area east of A1A, just steps from the pristine sands of Ocean ridge. This 7,515 sq. ft. lot, complete with deeded beach access, is the ideal location to build your dream beach house or enjoy the existing charming home. The current house is a cozy 2-bedroom, 1-bath with high, vaulted ceilings, offering a bright and airy feel. The roof is newer, and the lush landscaping creates a private oasis around the home. Whether you're looking to expand or enjoy it as-is, this home offers versatility and convenience. Situated less than a block from the beach and a short distance to downtown Delray.
5 Sailfish Lane, Ocean Ridge, FL, 33435
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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