Welcome to your dream coastal getaway! This beautifully updated 2-bedroom, 2-bathroom condo offers breathtaking ocean views and is perfectly situated just steps from the beach. Nestled just south of St. Augustine Beach's iconic Magic Mile, this property is the ideal blend of tranquility and convenience, making it perfect for both full-time living and lucrative short-term rentals.
With a proven income of over $50, 000 annually, this turn-key unit comes fully furnished and ready for you to enjoy or rent out. The interior boasts modern finishes, and both the air conditioning and hot water heater are less than two years old, ensuring comfort year-round.
The building features concrete block construction for durability and includes an elevator for easy access. Enjoy the amenities, including two sparkling pools and tennis courts, all set against the backdrop of the serene ocean. Located just 15 minutes from the historic downtown St. Augustine district, you'll have easy access to local shops, dining, and attractions while enjoying the peaceful atmosphere of beachfront living.
Don't miss out on this incredible opportunity to own a slice of paradise! Schedule your showing today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$549,999
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 | $439,999 | $439,999 | $439,999 |
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 | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | $522 | $522 | $522 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,927 | $2,924 | $3,711 |
Total Monthly Payment | $3,541 | $3,538 | $4,325 |
* 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.