Highland Beach:Ocean Terrace. Spacious updated bright & light 3br/2-1/2ba unit in a recently refurbished, boutique oceanfront bldg. Granite countertops 18" ceramic tiles throughout ocean view from the living & breakfast area, open floor plan hugh master suite & bath featuring More closets than any condo. Double door entry foyer the a/c & w/h only 1yr old, full w/d in kitchen. It comes w/2 garage spaces one of the very few pet friendly bldgs on the sand & you can lease your unit without a waiting period. Club room, exercise room, concierge & the ocean is only a few steps from the front door.
ADDITIONAL DETAILS ON THIS OCEAN TERRACE CONDO
Community: Ocean Terrace Subdivision: Ocean Terrace North HOA:Mandatory $2,998 Per Quarter
Master Bedroom: 17X14 Second Bedroom: 12X11 Third Bedroom: 11X9 Units in Building: 43
Kitchen: 13X9 Living Room: 27X14 Dining Room: 13X9 Flooring: Carpet,Ceramic Tile Construction: CBS
Ocean Terrace Community Information: Pool,Clubhouse,Elevator,Lobby,Exer Room,Ext Storage,Sauna,Trash Chute,Billiards,Mgr on Site. Restrictions: Buyer Apprv,Tenant Apprv,Intervw Req,Lease Ok,Pet Restr,1 Pet,Lt 20 Lb Pet,No Truck -Rv Exterior Features: None Interior Features: Wlk In Clos,Foyer,Fire Sprink Equipment Included: Washer,Dryer,Refrigerator,Range,Dishwasher,Elec Wtr Htr,Disposal,Ice Maker,Microwave,Fire Alarm. Additional Information: Sold As-Is,Owner Agent This Listing courtesy of Coldwell Banker
MONTHLY MORTGAGE PAYMENT (5 Year Fixed Rate : 10% Down : 4.375% : 4.415%APR)
Purchase Price:
$499,900.00
Down Payment:
$49,990.00
Amount Financed:
$449,910.00
Monthly Mortgage Payment:
$2,246.33(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
$247.45 to your monthly payment.
onthly Payment:
$2,493.78 (Principal & Interest, and PMI)
Real Estate Taxes:
Real Estate Taxes in Highland Beach Florida are calculated by applying the millage rate to the assessed value.
Homes in Highland Beach Florida are re-assessed when they are sold and typically will be assessed at slightly below the purchase price. Assuming this home in Ocean Terrace is assessed at about
$474,905.00 the next time it sells, the annual real estate taxes will be approximately
$8,310.84 This could add $692.57 to your monthly payment. Homestead or other exemptions could lower your taxes for this property.
3115 S Ocean Blvd # 301 Highland Beach, Florida 33487 (Ocean Terrace)
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