LAST LOT AVAILABLE - . 035 ACRE - WATERFRONT LOT! President Estates in West Palm Beach is a residential guard gated community known for its upscale homes and prime location, often associated with the President Country Club and its golf courses. It is a highly desirable neighborhood that offers a mix of luxury living, scenic landscapes, and proximity to the best that West Palm Beach has to offer.
President Estates is centrally located in West Palm Beach, just minutes away from downtown and Palm Beach International Airport. The community is close to major highways, making it easy to access other parts of South Florida. It is situated near the Banyan Cay Resort and Golf Club (formerly the President Country Club), offering residents scenic views and easy access to world-class golfing.
The homes in President Estates are known for their luxurious and custom designs, reflecting both modern and traditional architectural styles. Properties in the neighborhood typically feature large lots, some with golf course views, private pools, and lush landscaping. These homes range from single-family residences to expansive estates, making it an ideal place for families and individuals seeking privacy and space.
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Our Executive Mortgage Banker:
Our Insurance Division:
$774,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $619,200 | $619,200 | $619,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,224 | $4,115 | $5,222 |
Total Monthly Payment | $4,316 | $4,207 | $5,314 |
* 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.