243 29th Street, West Palm Beach, FL, 33407 | $3,900,000

Rare opportunity to acquire renowned artist Ralph Wolfe Cowan's estate. Ideally located, this lake block residence in Northwood Shores is adjacent to prestigious N Flagler Drive. Expansive property includes 25, 700 square feet (. 59-acre) with 224' of street frontage. Existing structure is comprised of 3-living spaces featuring cathedral ceilings, large studio workspace and a new roof (2022). Ready for renovations or build your own new compound. Endless possibilities. Just a few blocks from Northwood Village with galleries, shops and restaurants. Currie Park waterfront redevelopment underway with best-in-class retail and hospitality coming soon. Minutes to Palm Beach, Kravis Center and downtown.

Features

  • Amenities: Park,Picnic Area,Shuffleboard,Sidewalks
  • Bedrooms: 5
  • Baths: 4 full / 1 half
  • Style: Ranch
  • Year Built: 1949
  • Heating: Central
  • Cooling: Central
  • Approx Sq. Feet: 3,414
  • Est. Taxes: $14,396
  • Lot Desc: 1/2 to < 1 Acre,Paved Road,Sidewalks
  • View: Garden
  • Elem. School: Pleasant City Elementary School
  • Middle School: Roosevelt Middle School
  • High School: Palm Beach Lakes High School
  • Pool: Inground,Spa
  • Pet Policy: Yes
  • MLS#: RX-11055752
  • Website: https://www.raveis.com
    /mls/RX-11055752/24329thstreet_westpalmbeach_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.


Pamela O'ConnorSales Associate

561.543.4004

Pamela.OConnor@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

243 29th Street, West Palm Beach, FL, 33407

$3,900,000

Pamela O'Connor

Sales Associate

William Raveis Real Estate

Phone: 561.543.4004

Pamela.OConnor@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 $3,120,000 $3,120,000 $3,120,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.875% 6.625% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.148% 6.760% 6.806%
Monthly Tax Payment $1,200 $1,200 $1,200
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $20,496 $19,978 $27,393
Total Monthly Payment $21,821 $21,303 $28,718

* 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.