Boca Raton:Ocean Reef Towers. Oceanfront boutique building *northwest corner ocean views north to horizon*heated onsite pool overlooks atlantic ocean*new impact windows&doors.*reconstructed balconies*24/7 manned security desk in remodeled lobby* unit is ready for your updates! *hardwood parquet floors in main living areas*super boutique building on the atlantic ocean*updated marble hallways*oceanfront workout&community areas*garage parking*24/7 front desk security**close to downtown boca raton, gourmet restaurants, mizner park shops, museum of art, major roadways,cultural events, festivals and outdoor concerts! have it all & live at the beach too!
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 Units in Building: 55
Kitchen: 11X10 Living Room: 25X10 Dining Room: 10X13 Flooring: Carpet,Ceramic Tile,Parquet Construction: CBS
Ocean Reef Towers Community Information: Pool,Elevator,Lobby,Exer Room,Commun Room,Sauna,Mgr on Site,Trash Chute. Restrictions: Lse Ok W/Rst,No Lse 1st Y,No Pets,Intervw Req Exterior Features: Open Balcony Interior Features: Wlk In Clos,Blt In Shel,Foyer,W/D Hookup,Stack Bdrms,Roman Tub Equipment Included: Washer,Dryer,Refrigerator,Range,Dishwasher,Disposal,Ice Maker,Wall Oven. Additional Information: Sold As-Is This Listing courtesy of Prudential Florida Realty
MONTHLY MORTGAGE PAYMENT (5 Year Fixed Rate : 10% Down : 4.375% : 4.415%APR)
Purchase Price:
$575,000.00
Down Payment:
$57,500.00
Amount Financed:
$517,500.00
Monthly Mortgage Payment:
$2,583.80(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
$284.63 to your monthly payment.
onthly Payment:
$2,868.43 (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
$546,250.00 the next time it sells, the annual real estate taxes will be approximately
$9,559.38 This could add $796.61 to your monthly payment. Homestead or other exemptions could lower your taxes for this property.
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