Under contract-accepting backup offers. Located in the gated, Oceanfront community of Hammock Dunes. This unique Villa (3900+ SF) has 180 degree water views in addition to the views of the 11th fairway of the private Hammock Dunes Tom Fazio course. Enjoy sitting on your Lanai watching the beautiful birds and listening to the ocean and gentle ocean breezes. This home is a "rare find" at this price point with 4 Bedrooms PLUS and office! Gracious curb appeal on Monterrey circle with water feature. Original owner had home extended 3' when it was built. New HVAC installed in March 2024. In 2002, Original Owner had a 2nd Primary Suite added that is 20' x 20' and an additional Primary Bath. This is in addition to the Primary Bedroom & Bath on the 1st floor. The additional room is ideal for Rec Room, Theater Room, Office, or Bedroom. Sun Room enclosed in 2002 for library with gorgeous wood shelving and paneling. The Library has spectacular water views. Kitchen renovated in 2006 with custom cabinetry, exotic granite countertops, large center Island with composite sink and an additional glass bar sink. "LG" dishwasher & refrigerator installed in 2022. 36" GE induction cooktop installed in 2020. "GE" wall oven/microwave installed in 2023. "Cali" bamboo floor installed in Kitchen and Family Room in 2022. LED lighting has been added. Screen enclosed Lanai with 20' Sunsetter shade added in 2019. Electric panel replaced in 2023 and car charging outlet added. 2 water heaters replaced in 2018. Laundry Room has "LG" washer & dryer installed in 2021. Entire home replumbed with "PEC" in 2022. The HOA fee covers all of the lawn maintenance including cutting, edging, trimming, mulching, spraying for fertilizers & pesticides, irrigation and water for irrigation. This is the easy Florida lifestyle with over 3900+ SF, short walk to the beach and landscaping maintained by HOA. Original owner has meticulously maintained this beautiful home and added many enhancements to enjoy the exceptional location. Membership to the Hammock Dunes Club is available but NOT required. The Private, Oceanfront Hammock Dunes Club is ranked as an "Emerald Club of The World". Enjoy Fantastic food in one of the 3 Oceanfront dining rooms or at the additional Clubhouse at the Creek Course. Hammock Dunes has 2 18 Hole golf courses by Rees Jones and Tom Fazio. In addition, Hammock Dunes Club offers an Oceanfront Heated Pool, 5, 000 SF "state of the art" Fitness Center, Tennis, Pickleball, Oceanfront Croquet, in addition to an array of Fantastic Social Events. Conveniently located on the Atlantic, Central Florida Coast just 1 hour to Jacksonville or Orlando and 30 minutes to St. Augustine or Daytona Beach. Enjoy the charm of the small town of Palm Coast with the big city just 1 hour away. Locals call it "Paradise".
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William Raveis Real Estate
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RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $607,200 | $607,200 | $607,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $350 | $350 | $350 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,040 | $4,036 | $5,121 |
Total Monthly Payment | $4,482 | $4,478 | $5,563 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.