3550 S Ocean Boulevard, South Palm Beach, FL, Florida, property flyer

3550 S Ocean Boulevard, #2d, South Palm Beach, FL, 33480 | $2,000,000

Newly built in 2019, this stunning boutique building is home to just 30 distinguished residences, offering an extraordinary lifestyle marked by exclusivity & sophistication. The property features a gated entrance, full-service concierge, heated pool & spa, fitness center & valet parking. This 2 bedroom + enclosed den/3. 1 bath residence, becomes a pristine blank canvas to create your oceanfront dream home. Interiors designed by the renowned Champalimaud showcase a gourmet Molteni kitchen, elegant marble countertops, Fantini fixtures & Miele appliances. Revel in ocean views from the expansive living area, primary suite & private balcony. Worth Avenue, executive airports, golf & tennis clubs, marinas & the Forbes Five-Star Eau Palm Beach Resort & Spa are all nearby. (Virtually staged. )

Features

Parking: 2+ Spaces,Covered
Heating: Central Individual
Cooling: Central Individual
Levels: 7
Amenities: Bike Storage,Cabana,Elevator,Extra Storage,Fitness Center,Lobby,Manager on Site,Pool,Spa-Hot Tub,Street Lights,Trash Chute
Bedrooms: 2

Baths: 3 full / 1 half
Complex: 3550 SOUTH OCEAN CONDO
Year Built: 2019
Common Charge: $3,110
Approx Sq. Feet: 2,608
Est. Taxes: $31,814

Lot Desc: East of US-1
Water Front: Yes
Pet Policy: Yes
MLS#: RX-11029609
Website: https://www.raveis.com
/prop/RX-11029609/3550soceanboulevard_southpalmbeach_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.
Listing courtesy of The Corcoran Group

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.

Customer Service

888.699.8876

Contact@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
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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

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@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

3550 S Ocean Boulevard, #2d, South Palm Beach, FL, 33480

$2,000,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@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	$1,600,000	$1,600,000	$1,600,000
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%	6.851%	6.790%
Monthly Tax Payment	$2,651	$2,651	$2,651
H/O Insurance Payment	$125	$125	$125
Initial Principal & Interest Pmt	$10,245	$10,378	$14,048
Total Monthly Payment	$13,021	$13,154	$16,824

* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.