Relax on your balcony and take in the beautiful ocean view and fresh breezes in this 2BR/2BA townhome located in Ocean Villas Condominiums on St Augustine Beach--voted one of the best beaches in the US. The private beach access located at the nearby gazebo with a ramp and no stairs provides easy access for your beach carts, beach toys, and beach chairs. Enjoy the zero entry "walk in" beachside pool that is perfect for kids or those needing special assistance. The second "Lagoon" pool is heated October through Spring for your comfort. Ocean Villas is conveniently located near shopping and dining venues and is a short drive to the Downtown St Augustine Historic district. The unit has been re-piped. New AC 2021. New Refrigerator, Dishwasher, and Range Hood Fan Dec. 2023. New interior paint on first floor and hallways. The Association has voted to have the monthly maintenance fee at $715 per month starting July 1, 2024.
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Our Executive Mortgage Banker:
Our Insurance Division:
$524,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $419,200 | $419,200 | $419,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $446 | $446 | $446 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,789 | $2,786 | $3,594 |
Total Monthly Payment | $3,327 | $3,324 | $4,132 |
* 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.