901 CEDAR Street, Fernandina Beach, FL, 32034 | $487,900

**NOW OFFERING 4K LENDER CREDIT towards buyers rate buydown through First Coast Mortgage* Location, condition, affordability-are you tired of compromising? Welcome to the physical embodiment of having your cake & eating it too! This corner-lot 3bed, 2bath cutie is the definition of central; 5 minute walk to downtown, 6 minute drive to Main Beach, a block from Central Park & a half-mile from the public schools. Sitting just outside the excitement of the nightlife, events, & annual festivities, youre close enough for convenience, yet far enough for sanity! The house has been renovated top to bottom with new-build-like quality & precision. Updates include: NEW roof, HVAC, water heater, doors and windows. Repipe and/or repair, full re-wire, new stainless steel appliances & fresh LVP flooring throughout (But wait, theres more! Ask me for a complete upgrade list!) As you step into this showstopper of a home, an open-concept living, dining, and kitchen space invites you in. . . . Move throughout the rooms to find that every tiny detail was carefully considered to complete the house of your dreams. Utilize the generous yard space for BBQs, boat parking, or fence in and build a patio. Also perfect for a public pay-to-park lot during our annual Shrimp Fest($)! Zoned MU-8 for mixed use: add a second structure or operate your small business right from your home! All of this for under 500k! This is your chance to truly live like a local. Start mornings with coffee on the porch swing and spend Happy Hours next door at the local distillery & cidery. Evenings consisting of dinner & drinks on Centre will end with breathtaking sunsets at the Marina. As you walk back to your perfect coastal cottage, soak up the quiet, tranquil, small town air that is your new normal. Location, condition, affordability-check all of your boxes with this one. Call me today to schedule a tour, ask questions, and create your postcard living!

Features

  • Bedrooms: 3
  • Baths: 2 full
  • Lot Size: 50x100
  • Laundry: Electric Dryer Hookup, In Unit, Washer Hookup
  • Style: Cottage
  • Year Built: 1982
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,248
  • Acreage: 0.11
  • Lot Size: 50x100
  • Est. Taxes: $3,265
  • Lot Desc: Corner Lot
  • Elem. School: Emma Love Hardee
  • Middle School: Fernandina Beach
  • High School: Fernandina Beach
  • Appliances: Disposal, Electric Cooktop, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • MLS#: 2032039
  • Days on Market: 157 days
  • Website: https://www.raveis.com
    /prop/2032039/901cedarstreet_fernandinabeach_fl?source=qrflyer
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Customer Service

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
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

901 CEDAR Street, Fernandina Beach, FL, 32034

$487,900

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

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $390,320 $390,320 $390,320
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 $272 $272 $272
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,597 $2,594 $3,292
Total Monthly Payment $2,944 $2,941 $3,639

* 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.