Waterfront: Y, Ocean Front,Intracoastal Year Built: 1970
OCEAN REEF TOWERS PROPERTY DESCRIPTION
Boca Raton:Ocean Reef Towers. Wow! completely redesigned condo magnificently done with stunning contemporary white marble; state of the art open kitchen; new bathrooms. New everything! stunning amenities. Gorgeous boutique bldg. Fitnessnew glass balconies coming! assessment paid.
ADDITIONAL DETAILS ON THIS OCEAN REEF TOWERS CONDO
Community: Ocean Reef Towers Subdivision: Ocean Reef Towers HOA:Mandatory $1,074 Per Month Units in Complex: 55
Master Bedroom: 17X14 Second Bedroom: 13X14 Units in Building: 55
Kitchen: 11X10 Living Room: 25X15 Roof: Other Flooring: Carpet,Ceramic Tile
Ocean Reef Towers Community Information: Pool,Elevator,Lobby,Exer Room,Ext Storage,Commun Room,Game Room,Sauna,Trash Chute,Bike Storage,Mgr on Site. Restrictions: No Pets Exterior Features: Scrnd Bal,Shutters Interior Features: Wlk In Clos,Foyer Equipment Included: Washer,Dryer,Refrigerator,Range,Dishwasher. Additional Information: Sold As-Is This Listing courtesy of Lang Realty
MONTHLY MORTGAGE PAYMENT (5 Year Fixed Rate : 10% Down : 4.500% : 4.54%APR)
Purchase Price:
$599,000.00
Down Payment:
$59,900.00
Amount Financed:
$539,100.00
Monthly Mortgage Payment:
$2,731.54(Principal & Interest ONLY)
Mortgage Insurance:
If you put LESS than 20% down, you will need to pay PMI
(Private Mortgage Insurance), which usually
is around $55 per month for every $100,000 financed (until you have paid off 20% of your loan). This could add
$296.51 to your monthly payment.
onthly Payment:
$3,028.05 (Principal & Interest, and PMI)
Real Estate Taxes:
Real Estate Taxes in Boca Raton Florida are calculated by applying the millage rate to the assessed value.
Homes in Boca Raton Florida are re-assessed when they are sold and typically will be assessed at slightly below the purchase price. Assuming this home in Ocean Reef Towers is assessed at about
$569,050.00 the next time it sells, the annual real estate taxes will be approximately
$9,958.38 This could add $829.86 to your monthly payment. Homestead or other exemptions could lower your taxes for this property.
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