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Property Description
FULLY FURNISHED, complete turn-key (down to the silverware), lakefront retreat. This home is designed for low-maintenance living. Privately positioned on a corner lot at the end of a quiet cul-de-sac in the Lakes of Boca. This immaculate 2-bedroom, 2-bath home offers 180 serene water views, abundant wildlife, and privacy. Inside, home is designed with split-bedroom floor plan with vaulted ceilings and ample sunlight. The home showcases 1½-inch granite countertops with a dramatic waterfall-edge island, sleek stainless steel Samsung appliances, impact windows, luxury vinyl tile and wood flooring, upgraded lighting and fixtures, and custom California Closets throughout for elevated organization. The garage has a built out attic space for additional storage. The expansive screened and covered patio creates an exceptional indoor-outdoor living experience, overlooking the lake. It's the perfect setting for morning coffee, evening cocktails, entertaining guests, or simply enjoying the peaceful Boca Raton lifestyle. This property offers exceptional flexibility for investors. The community is investor-friendly, with the ability to lease immediately, and the home can command approximately $2900-3000 per month in long-term rental income. A rare combination of waterfront living, stylish upgrades, privacy, and investment potential, all in sought-after Boca Raton. This is the definition of lock-and-leave retreat. Enjoy resort-style community amenities including a heated pool, clubhouse, fitness center, tennis and pickleball courts, basketball, soccer field, playground, BBQ areas, and dog park. Home is located near shopping, dining, parks, top-rated schools, major highways, and just minutes to Town Center at Boca Raton. Approximately 10 minutes to Boca Raton Regional Hospital, 15 minutes to Town Center, 40 minutes to Palm Beach International Airport, and 45 minutes to Fort Lauderdale-Hollywood International Airport. HOA covers Comcast and Internet, lawncare and tree trimming.
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Assumptions and Disclosures
- Interest rates and APRs presented are based on current market rates, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables - call for details.
- This is not a credit decision or a commitment to lend.
- Depending on loan guidelines, mortgage insurance may be required
- If mortgage insurance is required, the mortgage insurance premium could increase the APR and the monthly mortgage payment. Additional loan programs may be available.
- APR (annual percentage rate) reflects the effective cost of your loan on a yearly basis, taking into account such items as interest, most closing costs, discount points (also referred to as "points"), and loan-origination fees. One point is 1% of the mortgage amount (e.g., $1,000 on a $100,000 loan).
- Your monthly payment is not based on APR, but instead on the interest rate on your Note.
- Adjustable Rate Mortgage (ARM) rates assume no increase in the financial index after the initial fixed period. ARM rates and monthly payments are subject to increase after the fixed period.
- These special rates presented here are only available when you pre-qualify and are not guaranteed until lock-in.
- Amounts may be rounded up. Additional fees and closing costs apply. If the down payment is less than 20%, mortgage insurance may be needed, which could increase the monthly payment and APR.
- Calculations are generated by Open Source mortgage calculation software tools using common mathematical formulas. All calculations should be independently verified.
- Please contact a loan specialist to get specific payment examples and information regarding your particular needs.
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