$2,695,000
- 3
- beds
- 2
- Baths
- 1
- Half Bath
- Condominium
AGENTS
Property Description
Renovated to perfection! This spacious oceanfront unit offers 2 balconies with sunrise to sunset views, Southeast and West exposures. Inside there are beautiful stone floors throughout, top of the line kitchen appliances, white kitchen and bathroom custom cabinetry, electric blinds, impact doors with white frames, electric window shades, custom lighting. built-ins and custom closets. The Meridian is a gated residence located on the ocean with a resort style pool and hot tub, tennis/pickle ball courts, basketball, fitness center and garage parking. The Meridian is presently going thru a concrete restoration project and has taken a $10M construction loan with Valley National Bank. The Association will be paying interest only on the construction loan until concrete restoration, SEE SUPPLEMENT the railings and the building painting are completed by year end 2023 or early 2024.The interest rate is locked at 4.15%. AS the Association draws down more funds, the monthly interest payment will increase. Residents will begin to repay principal along with interest at that time, in 2024.
PROPERTY DETAILS
- Interior
- 2,550 Sq Ft.
- MONTHLY MAINTENANCE/CC
- $2,520
- Property Type
- Condominium
- MONTHLY REAL ESTATE TAX
- $819
- Year Built
- 1981
- MLS/Listing ID
- 23-80
Palm Beach
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Palm Beach
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