Introducing The Residences of Twelve South. Stunning new construction townhomes located 1 block from the Atlantic Ocean where modern architecture meets coastal living. Each of the four residences spans over 3, 200sqft of luxury, including 3 bedrooms with ensuite baths, two of them dual primary owner suites. The versatile first floor can serve as a bedroom, game room, or workout area. There is room for a pool. The home features a 1. 5 car garage, perfect for storing beach gear or a golf cart. The kitchen is one to envy and a chef's dream with a dolomite stone waterfall peninsula, gas cooking, panel ready appliances and a hidden walk-in pantry to stow away everyday items. Convenience is key with in-unit elevators and solid concrete block construction extending to the third floor ensuring privacy, energy efficiency, and reduced maintenance costs. High-end finishes such as premium lighting and tile work, exude elegance. After a fun-filled day at the beach, rinse off in your outdoor shower and prepare to entertain on your breathtaking third-floor balcony, featuring a summer kitchen with ocean views. Located ideally near JTB for easy access to Mayo Clinic or the airport, Trader Joe's and other shopping. Take an evening stroll to the renowned 11th South restaurant 1 block away. Walk 2 blocks to enjoy your morning coffee at Starbucks. You're an 8-minute drive from the prestigious Ponte Vedra Inn & Club. This is your opportunity to indulge in the ultimate beach lifestyle at Twelve South. Schedule a showing to experience modern coastal living at its finest! Estimated completion end of July 2024. Tankless hot water heater and professional gas range are fueled by natural gas.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,999,000
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 | $1,599,200 | $1,599,200 | $1,599,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.620% | 6.735% | 6.806% |
Monthly Tax Payment | $310 | $310 | $310 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,372 | $10,240 | $14,041 |
Total Monthly Payment | $10,807 | $10,675 | $14,476 |
* 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.