Experience the perfect blend of LUXURY and comfort in this meticulously designed home, located just moments from the vibrant heart of Historic Fernandina Beach! UNDER CONSTRUCTION and due to be completed by the end of 2024!! This well thought-out plan boasts over 3200 square feet of living space on an OVERSIZED 100 x 125' WOODED LOT! Plenty of room on this double lot for your boat and RV! Quartz countertops with a Forno 48'' refrigerator and a gorgeous 36'' Forno French Door range are just a few features of the exquisite kitchen. The master bedroom, beyond expansive with a large walk-in closet featuring an island, plus an elegant master bathroom equipped with a walk-in shower and freestanding tub. Ample space for a pool; pre-wired electric and plumbing ready for an outdoor kitchen! Other noted features not to be missed are a whole home dehumidifier, a wine cellar under the staircase and a stamped brick driveway. Professional photos coming soon!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,890,000
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 | $1,512,000 | $1,512,000 | $1,512,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.321% | 6.876% | 6.850% |
Monthly Tax Payment | $209 | $209 | $209 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,807 | $9,807 | $13,275 |
Total Monthly Payment | $10,141 | $10,141 | $13,609 |
* 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.