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+60 photosGated community home — 111 Lake Monterey Circle · Monterey Bay Pud · Boynton Beach


































































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A magazine dedicated to 111 Lake Monterey Circle, Boynton Beach, FL 33426
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Open property magazine$410,000
111 Lake Monterey Circle, Boynton Beach, FL 33426
Boynton Beach, FL, 33426
3 bd · 3 ba · 1,523 sqft
Listed by EXP Realty LLC
111 Lake Monterey Circle, Boynton Beach, FL 33426
Listed by EXP Realty LLC
Add this home to your tour day
Pick up to 6 homes. Simon confirms times with each listing agent, then sends you the final schedule.
0 of 6 homes in your tour
Know your costs before you buy
Work through three numbers: your estimated monthly payment, the cash needed at closing, and insurance & flood.
Estimated Monthly Payment
20% down · 6.75% interest · 30-year loan · Conforming loan
Principal, interest, taxes and insurance, HOA. Property Tax (after sale). Estimated; not a lender quote.
- Principal & interest
- $2,127/mo
- Property tax (after sale) est.
- $415/mo
- Homeowners insurance est.
- $219/mo
- HOA
- $435/mo
Estimate only, not guaranteed. Verify before you buy or sell.
Cash to close
111 Lake Monterey Circle, Boynton Beach, FL 33426
Estimated cash to close est.
$92,175.34
Down payment plus Florida taxes, title, lender and prepaid costs.
Partial estimate: unknown amounts are excluded. Ask Simon to verify them.
Estimate only. Your lender's Loan Estimate and the title company's closing disclosure are the final numbers. Not financial advice.
Estimate only, not guaranteed. Verify before you buy or sell.
Loan amount (calculated): $328,000.00Conforming loan
Current site planning rate. Rate does not change the taxes or fees below. Prepaid interest is not included.
Edit closing costs & prepaids
Assumes both policies cover identical land and dates, with loan coverage within owner coverage—even if the seller pays owner title. Minimum lender premium $25. Turn off if not eligible. Endorsement allowance defaults to one $25 endorsement; actual requirements and premiums vary (Florida 69O-186.005).
Appraisal starts at $650. Waterfront and luxury homes may require a higher fee; confirm with your lender.
Tax uses existing ZIP estimates (after sale); insurance uses existing site estimates. Edit with your quote. If HOA insurance is included, confirm separate unit-owner coverage. Missing HOA costs are excluded—not assumed zero.
Estimated cash to close est.
$92,175.34
- Down payment est.
- $82,000.00
- Mortgage note documentary stamps est.
- $1,148.00
- Mortgage intangible tax est.
- $656.00
- Lender’s title insurance est.
- $25.00
- Lender title endorsements est.
- $25.00
- Lender fees est.
- $1,500.00
- Appraisal est.
- $650.00
- Title search & examination est.
- $125.00
- Municipal lien search est.
- $150.00
- Settlement / closing fee est.
- $450.00
- County recording (deed) est.
- $30.00
- County recording (mortgage) est.
- $120.00
- Inspection, wind mitigation & 4-point est.
- $900.00
- Survey est.
- $500.00
- Property tax escrow (2 months, after sale) est.
- $829.17
- Insurance escrow (2 months) est.
- $438.17
- First-year insurance premium est.
- $2,629.00
- HOA / condo contribution or transfer est.
- Not provided
Partial estimate: unknown amounts are excluded. Ask Simon to verify them.
Mortgage stamps: $0.35 per $100 or fraction. Intangible tax: 0.2% of loan. Title uses Florida 69O-186.003 base rates. Assumes 2 months of tax/insurance escrow for financed purchases plus first-year insurance; cash purchases have no lender escrow.
Before deposits and credits. Prepaid interest and other contract costs are not included. Discounts and title endorsements must be confirmed by the title company. Title search, municipal lien search, settlement and recording are pass-through title company charges for cash and financed buyers alike; the municipal lien search is priced by each city and can run higher (e.g. Boca Raton $150, Coral Gables $220).
Estimate only. Your lender's Loan Estimate and the title company's closing disclosure are the final numbers. Not financial advice.
Estimate only, not guaranteed. Verify before you buy or sell.
Insurance & flood
- Flood zone (FEMA)
- Not available —
- Homeowners insurance est.
- $219 / month
Source: FEMA National Flood Hazard Layer · Date checked: Nov 4, 2026
Insurance estimates vary widely. Get a real quote before you make an offer.
Estimate only, not guaranteed. Verify before you buy or sell.
Flood zone: Not available —
Source: FEMA National Flood Hazard Layer · Date checked: Nov 4, 2026
- Roof type
- Metal
- Roof year
- 2025 (per listing remarks)
- Impact windows / doors
- Impact Glass (Partial)
- Shutters
- Panel Shutters (Partial)
- Window features
- Impact Glass (Partial), Panel Shutters (Partial)
- Year built
- 2006
Homeowners insurance: $219 / month est.
- Annual premium est.
- $2,324
- Fees & taxes est.
- $305
- Annual total est.
- $2,629
- Likely range est.
- $2,235–$3,155
- Dwelling coverage est.
- $361,713
- Other structures est.
- $7,234
- Personal property est.
- $72,343
- Loss of use est.
- $36,171
- Hurricane deductible (2%) est.
- $7,234
Based on the listing: 1,523 sq ft · built 2006 · 2 stories · roof from 2025 · impact windows / shutters.
Dwelling coverage uses living area × county rebuilding cost. Selling price and land value are not included. The monthly estimate includes fees and applicable taxes.
Broward inland rates were calibrated against two supplied policies; other county and coastal rates have not yet been calibrated against real quotes.
Assumed where the listing is silent: concrete-block construction · coastal rating band · gable roof · standard finish · 2% hurricane deductible · admitted carrier; no surplus-lines tax. A newer roof, a hip roof shape, or a higher deductible can lower the premium; frame construction can raise it.
Educational estimate only, not an insurance quote. Actual premiums depend on the carrier, inspections, discounts, and underwriting. Flood insurance not included. Simon Gedz is a Realtor, not a licensed insurance agent.
The FEMA map is a strong indication, not the final answer: your lender orders its own flood zone determination. Cash buyers are not required to carry flood insurance, but on the water it is strongly recommended.
Florida rule: by 2027, Citizens policyholders must carry flood insurance even outside a flood zone, unless the Citizens policy excludes wind coverage. The FEMA map does not show this.
How flood insurance is priced (FEMA Risk Rating 2.0)
Flood insurance is priced home by home, so two neighbors on the same canal can pay very different amounts. Premiums depend on the home's elevation (first-floor height above the expected flood level), distance to water (ocean, Intracoastal, canal or river), the type of flood risk (storm surge, heavy rain or river overflow), the cost to rebuild, the foundation and construction type, and past flood claims on the property.
Federal flood insurance (NFIP) pays at most $250,000 for the building and $100,000 for contents. A luxury waterfront home needs private flood insurance or an "excess flood" policy on top.
Before an offer: pull the official FEMA flood map (FIRMette), ask the seller for an elevation certificate (it largely decides the price), ask whether the seller's existing NFIP policy can be transferred to you (sometimes at a lower rate), and have an insurance agent check prior flood claims (CLUE report). New NFIP policies usually have a 30-day wait before they take effect — don't leave it until the week of closing.
Insurance estimates vary widely. Get a real quote before you make an offer.
Estimate only, not guaranteed. Verify before you buy or sell.
About This Property
Find similar homesWelcome to Monterey, a desirable gated community in the heart of Boynton Beach! This beautifully renovated townhouse has undergone a stunning transformation, featuring redesigned spaces and a completely updated coastal-inspired interior. From the moment you enter, you'll appreciate the fresh, contemporary feel with neutral color palette and flooring, charming shiplap accents, newly painted walls, ceilings, doors, and baseboards (2026), updated hardware and fixtures throughout and stylish finishing touches. Major improvements include a NEW METAL ROOF (2025) with an estimated 50-year lifespan, a new hurricane-impact front door and back sliding glass door (2025), solar-tinted windows (2024), downstairs windows have hurricane panel shutters and 2nd floor features all impact windows providing peace of mind to this home's new owner. The showstopping kitchen was completely reimagined in 2025 with an opened-up layout, expanded cabinetry, stunning quartz countertops with a waterfall edge, designer backsplash, and extended seating for three. A uniquely curated custom wine and coffee bar adjacent to the kitchen and dining space features upper and lower cabinetry, a built-in wine cooler, and a convenient walk-through pantry, unlike any other residence in Monterey. Additional kitchen upgrades include a new sink, faucet, disposal, dishwasher, modern appliances and custom beneath counter shiplap detailing. All three bathrooms have been tastefully updated. The primary suite features a beautifully renovated bathroom with new tile flooring, modern vanity, electric mirror, sink, toilet and updated fixtures (2025). The guest bathroom was completely remodeled in 2026 with a new tub, floor-to-ceiling shower-area tile, new flooring, vanity, toilet, and electric mirror. The downstairs powder room also features all new upgrades any buyer will LOVE! The home's storage space has been thoughtfully appointed with a redesigned primary closet, custom closet systems in both the second and third bedrooms, as well as a clever walk-in pantry beneath the staircase, complete with a concealed swinging cabinet door. Additional highlights include all new vents, electrical outlets and switches, ceiling fans, and washer (2025). Step outside to your private, fenced backyard overlooking lush green space and lake, featuring newly refreshed pavers and a sleek new black metal fence. This inviting outdoor space is perfect for relaxing or entertaining, all while being just steps away from the community pool. With all major improvements newly completed, contemporary finishes, and extensive upgrades throughout, this is a rare opportunity to enjoy a fully turnkey new place to call home. Now, let's talk location! Discover the perfect blend of modern living, convenience, and South Florida lifestyle in Monterey, ideally situated in Boynton Beach, just minutes from vibrant Downtown Delray Beach and within easy reach of West Palm Beach. Residents enjoy a beautifully maintained community featuring a resort-style swimming pool with sundeck, relaxing cabanas, and a playground. Enjoy being 5 minutes from Delray Beach's famous Atlantic Avenue, known for its award-winning restaurants, boutique shopping, lively entertainment, and beautiful beaches. Just a short drive north, West Palm Beach continues to thrive with exciting new developments, luxury residences, upscale dining, and shopping destinations like CityPlace (formerly Rosemary Square) and the emerging NORA District. Explore cultural attractions including the Norton Museum of Art and Kravis Center for the Performing Arts, or enjoy family-friendly destinations such as the Palm Beach Zoo, Cox Science Center & Aquarium, Mounts Botanical Garden, and Okeeheelee Nature Center.. The location also offers access to major highways including I-95 and FL Turnpike, making it easy to get to other nearby cities like Boca Raton and Fort Lauderdale. Appreciate being close to both Palm Beach International Airport and Fort Lauderdale-Hollywood International Airport, as well as the nearby Brightline station, offering high-speed service between Miami and Orlando. This prime location delivers a lifestyle that is both peaceful and connected. What are you waiting for? Schedule a showing today! **Please note select photos of home have been virtually staged to better showcase the true potential of the room spaces. These photos are labeled 'Virtually Staged' at bottom right of photo.
Property Details

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Your costs (est.)
≈ $3,196/mo
111 Lake Monterey Circle, Boynton Beach, FL 33426 · Boynton Beach
Location
111 Lake Monterey Circle, Boynton Beach, FL 33426
One home, every check
Dock & Draft Match™ brings this home's dock length, low-water depth, every bridge, the ocean run, frontage and yacht size together in one place. Estimate only, not guaranteed. Verify before you buy or sell.
What buyers ask about this home
What are the estimated monthly carrying costs at 111 Lake Monterey Circle, Boynton Beach, FL 33426?+
Property tax (after sale): $415/month est.; homeowners insurance: $219/month est.; HOA: $435/month. Fixed ownership costs before a mortgage: $1,069/month est. Principal and interest: $2,127/month; PMI: $0/month. Total for the payment scenario shown: $3,196/month est. Flood insurance is not included. Estimate only, not guaranteed. Verify before you buy or sell.
Will property taxes go up after I buy 111 Lake Monterey Circle, Boynton Beach, FL 33426?+
Usually yes. In Florida the assessed value resets to market value in the year after a sale, so the seller's current tax bill is rarely what a new owner pays. Budget roughly 1.8–2.0% of the purchase price annually until you file for homestead exemption and the Save Our Homes cap (or the 10% non-homestead cap) starts limiting increases.
Does 111 Lake Monterey Circle, Boynton Beach, FL 33426 need flood insurance, and what drives the premium?+
Most of Boynton Beach sits in a FEMA flood zone, and lenders require flood coverage in high-risk zones. Premiums are driven by elevation certificate, flood zone, roof age and shape, and whether the home has impact windows or accordion shutters. Ask for the current declarations page, the four-point inspection and wind mitigation report early — they set your real cost of ownership.
What should I check about the association before buying 111 Lake Monterey Circle, Boynton Beach, FL 33426?+
For a Florida condo, review the milestone structural inspection and the Structural Integrity Reserve Study, current reserve balances, any pending or recently voted special assessment, the association's insurance and its litigation history. Ask how many units are owner-occupied and whether the lender will approve the building — a poorly funded association is the single biggest hidden cost in a condo purchase.
Can 111 Lake Monterey Circle, Boynton Beach, FL 33426 be rented out?+
Rental rules are set by the association's documents, not the MLS. Many Boynton Beach luxury buildings limit leases to once or twice a year with a minimum term and require board approval and an application fee. Request the declaration and rules before your inspection period ends if rental income matters to your plan.
Is there room to negotiate on 111 Lake Monterey Circle, Boynton Beach, FL 33426?+
This listing has been on the market 0 days. Leverage comes from days on market, price history, comparable closed sales and the seller's motivation — not from a fixed percentage. I pull the full history and the true comps before we write, so the offer is built on what the property is actually worth today. Call or text (954) 562-1798 for that analysis.
Neighborhood & Commute
Located in Boynton Beach, this property offers the South Florida lifestyle — warm-weather living year-round with easy access to the Atlantic coast, A-rated schools, and major business centers.
Approximate Drive Times
Drive times are estimates based on straight-line distance at typical South Florida traffic speeds. Actual times vary with traffic and routing.
Assigned schools for this address
Crosspointe Elementary School
Elementary · 1.0 mi from this home · 3015 S Congress Ave, Boynton Beach
Zone boundaries published by School District of Palm Beach County.
Other options for this address
Trinity Evangelical Lutheran Chrch Of Del Ray Bch
Elementary · Private · Christian · Grades PK–8 · Delray Beach
American Heritage School - Boca/Delray Palm Beach
Pre-K & Kindergarten · Private · Grades PK–12 · Delray Beach
School assignment is set by the district and can change. Always confirm the zoned school with the district before you buy.
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