Sunrise in Palencia! This luxury condominium lies in the heart of Palencia and is surrounded by a full range of world-class amenities. This top floor corner unit boasts 8 foot double tray ceilings with double crown molding, Brazilian cherry wood floors, and stainless steel appliances. This unit has been fully updated with new fixtures, lighting switches, water valves, laundry room, cabinet faces, including newer HVAC and water heater. Palencia Elementary is ¾ mile walking distance and is rated 9/10 in St. Johns County. Palencia’s recreational facilities include golf, tennis, three swimming pools, a fitness center, athletic fields, and also a 30-acre park system interconnected by a series of boardwalks and fitness trails. Palencia amenity center hosts an adult pool and a kids pool with a water slide and splash pad, including both steam and sauna rooms for your relaxation. You will have two assigned parking spaces inside the underground garage which includes a secured storage unit. Located 1 mile from Publix, 6 miles to Costco, 10 miles to the intercoastal boat ramp, and only 11 miles to Vilano Beach! Enjoy being a part of this family fun resort living community in the top school district of Northeast Florida.
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Our Executive Mortgage Banker:
Our Insurance Division:
$378,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $302,400 | $302,400 | $302,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.256% |
Monthly Tax Payment | $512 | $512 | $512 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,012 | $1,987 | $2,550 |
Total Monthly Payment | $2,599 | $2,574 | $3,137 |
* 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.