Walk to the beach! Incredible Long-Term Investment Opportunity!!
Experience coastal living at 210 16th Street, Unit H. This remarkable condo spans 1, 033 sq ft and is thoughtfully designed with two bedrooms and two bathrooms, ensuring a comfortable and stylish living space. It comes fully furnished with essential appliances, including a washer and dryer, for a hassle-free move-in. Enjoy serene moments on your private, north-facing screened balcony—an inviting retreat for relaxation.
This second-floor unit is accessible via stairs, as the building does not have an elevator, adding to its quiet and private ambiance. Just steps away from the beach, Saint Augustine pier, lively festivals, and a local farmer’s market, the condo is perfectly situated east of A1A, offering a plethora of dining options and local attractions that ensure every day feels like a vacation. Additionally, it’s a prime candidate for a long-term rental investment.
Residing in Flood Zone X, the property benefits from being in a high and dry area, with a newly installed HVAC system in 2023 that guarantees comfort throughout the seasons. The open layout enhances the airy feel of the home, and the homeowners' association fee of $397 per month covers pest control, sewer, trash, and water, simplifying daily living. Ample parking with assigned and guest spaces eliminates any parking hassles.
Available documentation for this condo includes a features sheet, property disclosure, community documents, rules and regulations, the 2024 approved budget, and a floor plan. For access to these documents, please contact us or your real estate professional to discover more about this exquisite property and the lifestyle it offers.
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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 | $282,400 | $282,400 | $282,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.425% | 7.146% | 6.276% |
Monthly Tax Payment | $287 | $287 | $287 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,855 | $1,877 | $2,382 |
Total Monthly Payment | $2,217 | $2,239 | $2,744 |
* 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.