Welcome to easy living in Northeast Florida! This beautifully designed 3-beds home at 234 Palace Drive in the 55+ gated community of San Salito offers the perfect blend of style, comfort, and convenience. Just a short 5-10 minute drive to St. Augustine's historic district and 15 minutes to Vilano Beach, this home's location is ideal for those who enjoy dining, shopping, and coastal adventures. The split floorplan allows for privacy between bedrooms, making it perfect for visiting family or guests. The oversized kitchen seamlessly flows into the dining and living area, and with the screened-in lanai, you'll have an ideal spot to relax and enjoy Northeast Florida's gentle breezes. The low-maintenance yard is an added bonus, giving you more time to explore the many amenities available in both the 55+ and all-ages sections of San Salito, from pools to community activities. This home is a perfect fit for those ready to savor the relaxed, vibrant Florida lifestyle in a close-knit community!
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Our Executive Mortgage Banker:
Our Insurance Division:
$414,900
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 | $331,920 | $331,920 | $331,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $186 | $186 | $186 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,208 | $2,206 | $2,846 |
Total Monthly Payment | $2,469 | $2,467 | $3,107 |
* 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.