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Presented by
Steve Simpson |
250 Ocean Terrace, Palm Beach, FL, 33480 | $21,900,000
Located on Palm Beach's quiet and serene North End and custom built in 2018, this single story modern island home is nothing short of stunning. The iridescent Abalone shell terrazzo flooring is wonderfully unique creating the perfect ambiance for a relaxing beach house retreat. Natural light fills the formal living & dining rooms through magnificent skylights where dramatic recessed lighting highlights the built-in 400 bottle glass & stainless steel back lit refrigerated wine cooler and elegant wood paneled walls. Reglet moldings, decorative warm toned wood ceiling inserts, smart house lighting, modern stainless light and plumbing fixtures, plantation shutters & electric sunshades in the bedrooms are just a few of the many high quality appointments in this seaside home. The transomed
Features
- Amenities: None
- Bedrooms: 5
- Baths: 5 full / 1 half
- Style: Contemporary
- Year Built: 2018
- Garage: 2-car
- Heating: Central,Zoned
- Cooling: Central,Zoned
- Approx Sq. Feet: 4,463
- Est. Taxes: $156,723
- Lot Desc: 1/4 to 1/2 Acre
- Pool: Inground
- Pet Policy: Yes
- MLS#: RX-11006219
- Buyer Broker Compensation: 2.50%
- Website: https://www.raveis.com
/mls/RX-11006219/250oceanterrace_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.
Steve SimpsonLuxury Properties Specialist
561.262.6263
Steve.Simpson@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.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@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
Evelio MirandaInsurance Sales Director, William Raveis Insurance
561.704.7334
Evelio.Miranda@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
250 Ocean Terrace, Palm Beach, FL, 33480
$21,900,000
Steve Simpson
Luxury Properties Specialist
William Raveis Real Estate
Phone: 561.262.6263
Steve.Simpson@raveis.com
Melissa Cohn
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $17,520,000 | $17,520,000 | $17,520,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.625% | 6.750% | 6.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.282% | 6.876% | 6.830% |
| Monthly Tax Payment | $13,060 | $13,060 | $13,060 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $112,182 | $113,634 | $153,825 |
| Total Monthly Payment | $125,367 | $126,819 | $167,010 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388