This isn't your typical ''built to rent'' box house on A1A. Gorgeous luxury extras make this a perfect home to live in or to command TOP RENTAL INCOME. Don't be fooled by ''sticks and bricks'' builds down the road without direct beach access! This house is MONEY!!!
LOCATED on the coveted beach side of A1A in Crescent Beach (no need to cross A1A to enter the beach) , this stunning home caters to the most discerning buyers. Originally built in 2022, the home has been meticulously upgraded with exquisite details throughout. From the intricate molding to the elegant floor-to-ceiling accents, the craftsmanship is exceptional. This home feels brand new and stands out on this desirable street.
Crescent Beach, a true gem in St. Augustine, offers a unique beach experience. Enjoy the flat, expansive sand perfect for cycling, or take advantage of the rare opportunity to drive your car onto the beach, transforming your trunk into a convenient beach cabana As you enter this three-bedroom, three-bathroom home, you'll be greeted by a slice of paradise. The owner's design is a labor of love, resulting in a home that continually draws admiration from passersby. Enclosed by a durable white PVC picket fence, built to withstand harsh weather while maintaining its charm.
Inside, the spacious upstairs laundry room adds convenience, while the garage provides ample space for both your vehicle and beach gear. The lighting has been thoughtfully upgraded, featuring elegant chandeliers and abundant recessed lighting throughout, enhancing the home's sophisticated ambiance.
The fenced-in backyard offers a completely private experience, perfect for family cookouts or even adding a pool. This ample space allows for versatile outdoor enjoyment, making it an ideal setting for entertaining or simply relaxing. This Crescent Beach home is truly a masterpiece waiting to be enjoyed as a cherished family get away or full time residence.
Investors, "lesser" homes on the West side of A1A are generating over $10, 000 / mo in short term rental income. This beautiful home will surely rent to those who desire a luxury vacation.
Seller offering $15, 000 toward a mortgage rate buy down.
Recently appraised at $1. 5 million.
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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 | $956,000 | $956,000 | $956,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.209% | 6.750% | 6.664% |
Monthly Tax Payment | $808 | $808 | $808 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,121 | $6,121 | $8,328 |
Total Monthly Payment | $7,054 | $7,054 | $9,261 |
* 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.