Beautiful direct oceanfront pool home in the heart of Vilano Beach! With 4BR/3BA, a huge backyard, gorgeous swimming pool and panoramic ocean views, this is the ultimate beachfront retreat. There's neutral hard surface flooring throughout and the kitchen features bright white cabinetry and new stainless steel appliances. Pecky cypress adorns the living and dining walls and the wet bar is still groovy, ensuring good beach vibes for years to come! You can also enjoy peace of mind with a roof that's 2 years young, new impact windows and doors on the upper level and a rare water source heat pump/AC, a system known for its efficiency and longevity. Outside, you can take your pick of sun or shade from the spacious open and covered porches, the perfect spot to have your morning coffee, enjoy the ocean breezes and catch an amazing sunrise. The open porch area features durable composite decking and the downstairs patio has an outdoor shower. There's an artesian well for irrigation, the yard is fully fenced and the backyard is uncommonly large for an oceanfront home, offering both preservation and sizable room to play. The stunning new salt water pool features beautiful travertine decking and is the perfect place to relax after a long day at the beach. The pool is also heated, so you can keep the fun going in the cooler months as well. Incredible location that's both convenient and protected. Desirable flood zone X location with annual flood insurance premium under $1, 000/year! The property is also safeguarded by a 50-year beach renourishment project, guaranteed by the Army Corp of Engineers. Although currently used as a primary residence, the home can be purchased tastefully furnished as viewed, with a few exceptions, so it's fully ready to rent or enjoy. Rental projection on file at over $100k per year! Conveniently located only a half mile north of the Vilano Beach bridge, just a short trip to historic downtown St. Augustine and all it has to offer. And if horses are your thing, horseback riding permits are available for this stretch of beach! Start living the beach lifestyle you've been dreaming of!
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,250,000
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 | $1,800,000 | $1,800,000 | $1,800,000 |
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 | $846 | $846 | $846 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,526 | $11,526 | $15,680 |
Total Monthly Payment | $12,497 | $12,497 | $16,651 |
* 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.