Experience 1787 Fairway Drive, an exquisite residence nestled within the exclusive, gated Park Way Place community. This classic home offers an unparalleled opportunity to embrace the serene beauty of the Amelia Island, with direct views of the ninth fairway at the prestigious Golf Club of Amelia. The main level welcomes you with a spacious owner's suite, a tranquil retreat featuring an updated en suite bathroom complete with a soaking tub. Upstairs, two generously sized bedrooms, each with updated private bathrooms, provide comfort and privacy for guests or family. The heart of the home is the updated kitchen, boasting sleek quartz countertops and an inviting breakfast nook. Formal living and dining spaces create an elegant backdrop for entertaining. A versatile bonus room offers endless possibilities, whether it be a home office, hobby space, or a cozy reading nook. Step outside to your own private oasis. The screened-in porch and expansive deck provide the ideal setting to relax and enjoy the stunning golf course views. Located just moments from the pristine beaches, vibrant downtown Fernandina Beach, and the world-renowned Ritz Carlton, this exceptional home offers the perfect blend of tranquility and accessibility. Tax Information
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,390,000
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 | $1,112,000 | $1,112,000 | $1,112,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.321% | 6.826% | 6.936% |
Monthly Tax Payment | $1,002 | $1,002 | $1,002 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,212 | $7,212 | $9,840 |
Total Monthly Payment | $8,339 | $8,339 | $10,967 |
* 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.