307 NE 5th Avenue, #307-B, Delray Beach, FL, 33483 | $2,828,000

Sought after East Delray Location, 1 mile to the Beach, . 4 miles to the Trendy & always bustling Atlantic Avenue, full of Shops, Dining and Fun Live entertainment! Capture this extraordinary opportunity to own this brand-new townhome, that boasts a luxurious1st floor open kitchen, dining and living area with a private open patio. The Master suite and luxurious bath is the entire 2nd floor, with his and hers huge walk-in closets, with only a few steps up to your exclusive roof top Deck and Lavish heated spa. 2 ensuite bedrooms on the 3rd floor with a loft/den and huge walk-in closets. Full impact windows and doors throughout, 2 car garage, 2nd floor laundry room. Custom flooring, lighting and finishes for you to choose from!! So, call and reserve your slice of Paradise Today!

Features

  • Amenities: Sidewalks,Street Lights
  • Bedrooms: 3
  • Baths: 3 full / 1 half
  • Style: Contemporary
  • Year Built: 2024
  • Garage: 2-car
  • Heating: Central
  • Cooling: Central
  • Approx Sq. Feet: 2,828
  • Est. Taxes: $26,289
  • Lot Desc: 1/4 to 1/2 Acre
  • View: City,Garden
  • Pet Policy: Yes
  • MLS#: RX-10965619
  • Website: https://www.raveis.com
    /eprop/RX-10965619/307ne5thavenue_delraybeach_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.

Amy FarleySales Associate

203.470.9289

Amy.Farley@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
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Matthew DeMariaVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 147983

845.290.3871

Matthew.DeMaria@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Gene RahillyInsurance Sales Director, William Raveis Insurance

917.494.9386

Gene.Rahilly@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

307 NE 5th Avenue, #307-B, Delray Beach, FL, 33483

$2,828,000

Amy Farley

Sales Associate

William Raveis Real Estate

Phone: 203.470.9289

Amy.Farley@raveis.com

Matthew DeMaria

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 845.290.3871

Matthew.DeMaria@raveis.com

NMLS Mortgage Loan Originator ID 147983

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $2,262,400 $2,262,400 $2,262,400
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.625% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.620% 6.735% 6.806%
Monthly Tax Payment $2,191 $2,191 $2,191
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $14,674 $14,486 $19,864
Total Monthly Payment $16,990 $16,802 $22,180

* 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.