Nestled in the heart of Ocean Ridge, this stunning property offers the ultimate coastal lifestyle. Located on prestigious N Ocean Blvd and just steps from the pristine beach, this 4-bedroom, 3-bath home with a dedicated office is a perfect retreat. This updated home boasts 2, 640 square feet of interior living space on a spacious 0. 32-acre lot. Inside, you'll find an elegant blend of marble, bamboo, wood, and porcelain flooring, complemented by elegant finishes and a brand-new 2024 AC system. The heated chlorine pool is a centerpiece of the lushly landscaped backyard, complete with an outdoor fountain for added serenity. A comprehensive security system provides peace of mind. This coastal beach town is situated between Delray Beach and Palm Beach, this centrally located gem combines
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,895,000
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
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,316,000 | $2,316,000 | $2,316,000 |
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 | $1,859 | $1,859 | $1,859 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $15,022 | $14,830 | $20,334 |
Total Monthly Payment | $17,006 | $16,814 | $22,318 |
* 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.