Welcome to your idyllic beach retreat on Pelican Way, mere steps from the pristine sands and sparkling waters of the Atlantic Ocean. Nestled in the serene and charming neighborhood of Anastasia Hills, this exquisite home offers an unparalleled coastal living experience. With its prime location east of A1A and boasting some of the highest elevations on the island, this property promises both beauty and tranquility. The main level underwent an extensive renovation in 2021 and features an expansive, open-concept living space where the kitchen, dining, and living areas flow seamlessly together, perfect for entertaining and family gatherings. Step out onto the oversized deck to bask in the southern and eastern exposures, ideal for savoring stunning sunrises and the gentle sea breeze. This level also includes three generously sized bedrooms and two elegantly appointed bathrooms, providing comfort and privacy for all. The lower level offers versatility with an additional bedroom, a full bathroom, and a three-car garage. Plus, there’s over 750 square feet of flexible space that can be tailored to your needs, whether as additional bedrooms, a home office, or a recreation room. Originally constructed in the 1970s as a quaint stilt house, this residence underwent a complete transformation in 1983, seamlessly blending its classic charm with modern amenities. Recent updates include a new roof in 2017 and a huge remodel on the second floor ensuring both durability and aesthetic appeal. This property is more than a home; it’s a gateway to a coastal lifestyle filled with relaxation and adventure. Imagine daily beach walks, sunset views from your deck, and creating lifelong memories in this exceptional family beach house. Don’t miss this rare opportunity to own a piece of paradise in the coveted Anastasia Hills.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,075,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $860,000 | $860,000 | $860,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.250% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.336% | 6.360% | 6.201% |
Monthly Tax Payment | $801 | $801 | $801 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,295 | $5,295 | $7,257 |
Total Monthly Payment | $6,221 | $6,221 | $8,183 |
* 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.