Cloister Del Mar — Boca Raton

EXCEPTIONAL OCEANFRONT VALUE THAT DESERVES A CLOSER LOOK! Appraised at $910K, your $800,000 buys 1,916 SF in this 3BR/2.5BA corner residence at Cloister del Mar. That's just $418/SF! Rare 3rd-floor end unit with a 37-foot balcony, ocean and inlet views, and $90,000 in impact windows and doors. Direct beach access in a boutique 96-residence building. And the SELLER PAYS the current $175,000 special assessment at closing! Financing? Our mortgage broker has confirmed conventional financing is available. Ask us for details! Vacant and move-in ready, so you can add your own touches and create your dream home on the beach. Building improvements are underway. Compare the space, the extra half bath and the price per SF with anything else on Ocean Blvd. Then schedule your private showing! THE SPACE. THE SETTING. THE OPPORTUNITY. Location first. Cloister del Mar sits on the ocean side of A1A, just south of the Boca Raton Inlet. You get a true beachfront address with the feel of a boutique community. Inside: three bedrooms, two full baths and a powder room for your guests. The split-bedroom floor plan gives everyone their privacy. Add walk-in closets, in-unit laundry and big windows that fill the home with natural light. And the views? Ocean, inlet and nature from every room. Then step out onto a 37-foot balcony (yes, 37 feet!) and make the outdoors part of your everyday life. MAKE IT YOUR OWN The residence is vacant and ready for you now. Why pay a premium for someone else's renovation? Here you get to create the beachfront home you've always wanted. Your finishes. Your style. Your vision. 1,916 square feet. A generous floor plan. An oceanfront location. The possibilities are exciting! WHY THIS HOME DESERVES A COMPARISON Don't take our word for it. Consider: we recently reviewed active three-bedroom condo listings on BOTH sides of Ocean Boulevard. Here's how this residence stood out: • Of the three listings priced under $1 million with at least two full baths, it was the ONLY one with an extra half bath. • It offered hundreds of square feet more living area than either of the other two. • It had the lowest association fee of the three. • Its association fee also ranked among the seven lowest of 27 other three-bedroom, three-bath offerings. • It had the lowest asking price per living square foot of the three sub-$1 million listings. (These comparisons are based on a recent snapshot of active inventory, and inventory changes. Ask us for the latest comparative analysis. Appraisal information is available upon request.) One more: it's offered BELOW its appraised value. This is math you need to know! The appraiser said, "If the total building construction was completed, it would be worth another $100K! (Appraisal available by request). BEACHFRONT LIVING Step out to direct beach access, a heated pool, fitness center, sauna, community room, elevators, 24/7 security and on-site management. The monthly association fee includes cable TV, water, security, reserve contributions and other common-area services. UNDERSTANDING THE BUILDING IMPROVEMENTS Full disclosure: Cloister del Mar is in the middle of a major building improvement project. Construction is ongoing and may temporarily affect the building's appearance, access and use of certain amenities. So why look now? Because buyers who can see past the construction get the chance to buy an established beachfront residence at a price that reflects today's market. We encourage buyers to review the latest association information on the scope, schedule, financing and status of the improvements, along with any current amenity restrictions. COME SEE THE POTENTIAL Photos tell part of the story. The space, the floor plan and the views? You have to see them in person. Been searching for a spacious Boca Raton oceanfront home and haven't found the right mix of location, size and price? This one deserves a closer look. Schedule your private tour and compare for yourself. Welcome to the BEACH!!!

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