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5650 A1A S, #C218, Saint Augustine, FL, 32080 | $550,000
Amazing Rental Opportunity!
Welcome to this turn-key, fully furnished 2-bed, 2. 5-bathroom condominium at 5650 A1A South, Unit C218, in Saint Augustine, FL. This property spans 1, 350 square feet and features THREE balconies that provide tranquil ocean views, making it the perfect setting for relaxation and entertainment!
The condo has recently been updated to include modern amenities such as a new stove, dryer, ceiling fans, light fixtures, and a garbage disposal. Each bathroom now has new GFCI outlets for safety, and the kitchen boasts up-to-date appliances, including a refrigerator installed in 2024. The HVAC system, replaced in 2019, is under a service contract for optimal comfort. The sellers have already paid the $8, 000 assessment. Please see the documents section to see what is being repaired. The kitchen's functionality is enhanced with Corian countertops and soft-close drawers, and the exterior doors have been repainted to meet HOA stand Island House is a close-knit community with just 60 units, offering a pool, clubhouse with recreational facilities like ping pong and shuffleboard, and direct beach access via Mary Street. Please refer to the features sheet in the documents section to see a full list of all updates. Situated near historic downtown St. Augustine, the Amphitheater, and St. Augustine Beach, the location is perfect for enjoying local attractions. HOA fees cover utilities like cable, sewer, trash, and water, ensuring a hassle-free lifestyle. This property is an excellent opportunity for investors, featuring a one-week minimum rental policy and an onsite EV charging station with individual billing. Encased in a durable concrete block structure, 5650 A1A South, Unit C218 is a superb choice for those seeking a blend of investment potential and coastal enjoyment.
Features
- Parking: Assigned, Guest
- Heating: Central, Electric
- Cooling: Central Air, Electric
- Amenities: Beach Access, Cable TV, Clubhouse, Maintenance Grounds, Management - Off Site, Tennis Court(s), Trash, Water
- Rooms: 7
- Bedrooms: 2
- Baths: 2 full / 1 half
- Laundry: In Unit
- Complex: Island House Condo
- Year Built: 1975
- Common Charge: $685 Monthly
- Approx Sq. Feet: 1,350
- Est. Taxes: $4,462
- View: Ocean
- Water Front: Yes
- Elem. School: W. D. Hartley
- Middle School: Gamble Rogers
- High School: Pedro Menendez
- Appliances: Dishwasher, Dryer, Electric Oven, Microwave, Refrigerator, Washer
- MLS#: 2024791
- Days on Market: 183 days
- Website: https://www.raveis.com
/prop/2024791/5650a1as_saintaugustine_fl?source=qrflyer
Listing courtesy of ENDLESS SUMMER REALTY
William Raveis Family of Services
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888.699.8876
Contact@raveis.com
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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
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- Provides a guaranteed closing date that meets your needs
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860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
5650 A1A S, #C218, Saint Augustine, FL, 32080
$550,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $440,000 | $440,000 | $440,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.125% | 6.875% | 5.990% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.616% | 7.055% | 6.256% |
| Monthly Tax Payment | $372 | $372 | $372 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,964 | $2,890 | $3,711 |
| Total Monthly Payment | $3,428 | $3,354 | $4,175 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388