SPECIFICATIONS
Bedrooms: 3
Bathrooms: 3 Full, 1 Half
Square Feet: 3,300 SF
Living Area: 3,117 SF
Garage: Car
Pool: Y,X
Waterfront: Y, Oceanfront
Year Built: 1986
ADDISON PROPERTY DESCRIPTION
Boca Raton:Addison On The Ocean. Completely renovated corner residence features panoramic ocean views from new hurricane impact doors & windows. This "beach house" has new baths, flawless marble floors, "green" a/c systems. Wrap around balconies, granite kitchen.
ADDITIONAL DETAILS ON THIS ADDISON ON THE OCEAN CONDO
Community: Addison On The Ocean
Subdivision: Addison
HOA:Mandatory $2,196 Per Month
Units in Complex: 169
Master Bedroom: 14X21
Second Bedroom: 12X18
Third Bedroom: 11X16
Units in Building: 84
Kitchen: 16X11
Living Room: 20X23
Dining Room: 16X11
Flooring: Carpet,Marble
Construction: CBS
Addison On The Ocean Community Information: Pool,Clubhouse,Elevator,Lobby,Exer Room,Ext Storage,Library,Spa- Hot Tub,Trash Chute,Bike Storage,Billiards,Mgr on Site,Whirlpool. Restrictions: Buyer Apprv,No Pets
Exterior Features: Covrd Bal,Zoned Sprink
Interior Features: Wlk In Clos,Elevator,Foyer,Blt In Shel
Equipment Included: Washer,Dryer,Range,Refrigerator,Dishwasher,Elec Wtr Htr,Disposal,Microwave,Smoke Detect,Wall Oven.
This Listing courtesy of Lang Realty
MONTHLY MORTGAGE PAYMENT (5 Year Fixed Jumbo Rate : 25% Down : 4.375% : 4.395%APR)
Purchase Price:
$2,000,000.00
Down Payment:
$500,000.00
Amount Financed:
$1,500,000.00
Monthly Mortgage Payment:
$7,489.28(Principal & Interest ONLY)
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 Addison On The Ocean is assessed at about
$1,900,000.00 the next time it sells, the annual real estate taxes will be approximately
$33,250.00 This could add $2,770.83 to your monthly payment. Homestead or other exemptions could lower your taxes for this property.
TOTAL Monthly Payment:
$10,260.11 (including Real Estate tax)