Your relaxing beach getaway awaits at the beautiful Ocean Villas Condos located beachside of A1A in the heart of St. Augustine Beach and close to shopping and dining. The historic downtown is only 15 minutes away. This very rare first floor end unit boasts additional square footage in the living room area providing loads of extra natural light not found in other units. The contemporary interior with a bright kitchen functions well when entertaining family or friends. The spacious and tranquil back patio area is perfect for enjoying your favorite beverage, grilling and/or entertaining and is just steps away from the Oct-May heated lagoon pool and lanai area. The second beachside "walk-in' pool is perfect for kids and those needing special assistance. The private beach walkover with an entrance ramp and no stairs provides peace of mind when you have a beach tote/cart and other necessities. Just bring your swimsuit, shorts and sandals--fresh beach breezes provided naturally. This unit is being offered fully furnished and includes loads of patio furniture. Both bathrooms have been upgraded. New AC in Summer of 2024. New Hot water heater in 2022 and a new disposal in 2021. The dishwasher was replaced in 2020. This unit has been re-piped. You can park just steps away from your front glass atrium door for ease of loading or unloading your vehicle. Handicap parking with sidewalk access is located approximately 15 feet away. The spacious laundry/storage room area located just inside the front atrium door provides ample space for those beach toys, bikes, or fishing gear. The unit has been on a rental program for those looking for a good investment or future retirement getaway. Make Ocean Villas your "Happy Place" today. Buyers should verify measurements.
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William Raveis Real Estate
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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 | $551,200 | $551,200 | $551,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $509 | $509 | $509 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,807 | $3,714 | $4,689 |
Total Monthly Payment | $4,408 | $4,315 | $5,290 |
* 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.