Boca Raton:Cloister Del Mar. Wow! drastic price reduction! owners are serious & want offer! oceanfront penthouse apt. W/ glorious views of ocean, boca inlet, boca raton resort, & glittering city lights! fab location close to downtown! great amenities incl. Pool, re-done lobby Unit cannot be leased until after 3rd year of ownership...owner says make offer! this location is simply unmatched! this is the first building south of the boca inlet which means no building to the north to obstruct any views! there are only 2 apts. Per elevator stack...like having your own private resort without the hotel-like corridors...cloister del mar is a stylish & impeccably maintained building...affordable oceanfront living is possible at last! with your own imagination and decor, you can achieve a slice of paradise at an entry level price. So what are you waiting for? the moment is right!
ADDITIONAL DETAILS ON THIS CLOISTER DEL MAR CONDO
Community: Cloister Del Mar Subdivision: Cloister Del Mar HOA:Mandatory $848 Per Month Units in Complex: 96
Master Bedroom: 17X15 Second Bedroom: 15X12 Units in Building: 96
Kitchen: 10X10 Living Room: 26X16 Roof: Tar Gravel Flooring: Carpet,Ceramic Tile Construction: Concrete
Cloister Del Mar Community Information: Pool,Elevator,Lobby,Exer Room,Ext Storage,Commun Room,Library,Game Room,Sauna,Shuffleboard,Trash Chute,Picnic Area,Mgr on Site. Restrictions: Buyer Apprv,Tenant Apprv,Intervw Req,No Lse 1st Y,No Pets,Other Exterior Features: Covrd Bal,Open Balcony,Shutters Interior Features: Stack Bdrms,Wlk In Clos,Pantry,Foyer,W/D Hookup,Elevator Equipment Included: Washer,Dryer,Refrigerator,Range,Dishwasher,Elec Wtr Htr,Disposal,Ice Maker,Microwave,Smoke Detect.
This Listing courtesy of Regency Realty Services
MONTHLY MORTGAGE PAYMENT (30 Year Fixed Rate : 10% Down : 5.000% : 5.04%APR)
Purchase Price:
$325,000.00
Down Payment:
$32,500.00
Amount Financed:
$292,500.00
Monthly Mortgage Payment:
$1,570.20(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
$160.88 to your monthly payment.
onthly Payment:
$1,731.08 (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 Cloister Del Mar is assessed at about
$308,750.00 the next time it sells, the annual real estate taxes will be approximately
$5,403.13 This could add $450.26 to your monthly payment. Homestead or other exemptions could lower your taxes for this property.
1180 S Ocean Blvd # Ph-e Boca Raton, Florida 33432 (Cloister Del Mar)
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