SPECTACTULAR DESIGNER FINISHED AND FURNISHED DIRECT OCEANFRONT RESIDENCE AT THE PLACIDE, A BOUTIQUE BUILDING IN THE HEART OF BOCA'S BEACHFRONT. EXIT ELEVATOR TO SEMI PRIVATE FOYER AND INTO OCEANFRONT SPLENDOR. EXPERTLY EXECUTED WITH THE FINEST DETAILS AND FINISHES BY NOTED BOCA RATON DESIGNER SUSAN LACHANCE. OPEN GOURMET KITCHEN WITH CUSTOM CABINETRY, ABUNDANT STORAGE AND DINE IN SPACE AS WELL AS SERVING BAR. GREAT PRIMARY SUITE WITH CITY VIEWS, CUSTOM FITTED DRESSING ROOM AND AMAZING BATH. NO DETAIL HAS BEEN OVERLOOKED AND THIS FULLY FURNISHED DREAM OCEANFRONT HOME IS READY FOR YOUR ENJOYMENT. FULL SERVICE BUILDING WITH CLUB ROOM, FITNESS CENTER, POOL, BEACH ACCESS, SECURITY CAMERAS, 24-HOUR SECURITY AND ATTENDED DOORMAN LOBBY. DIRECT ACCESS TO MILES OF BEAUTIFUL SANDY BEACHES.
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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,550,000
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 | $1,240,000 | $1,240,000 | $1,240,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $1,605 | $1,605 | $1,605 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,940 | $7,940 | $10,887 |
Total Monthly Payment | $9,670 | $9,670 | $12,617 |
* 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.