Lovely ground floor unit with the ocean, oceanside pool and beach walkover literally steps outside your door. Smell the salt air and listen to the soothing sounds of the waves breaking from your 2BR/2BA condo in popular Ocean Village Club where pets are welcomed and smiles and sunshine are plentiful. This unit is the 2nd one back from ocean in one of only two oceanfront buildings. This unit features newer hurricane impact glass sliding glass doors and windows. Currently being used as a vacation rental with $20, 151 in confirmed bookings for 2025 already. This unit is a great income producer and would make a good investment to use as a 2nd home and vacation rental. Ocean Village Club is an oceanfront complex in the heart of St Augustine Beach within walking distance of coffee shops, restaurants, entertainment, shopping and so much more. Park your car and walk or bike for our healthy and happy beach lifestyle. Monthly condo dues of $632 include water, sewer, trash collection, recycling and all amenities. Amenities include heated pool, oceanside unheated pool, tennis courts, fitness room, clubhouse, gated entrance, shuffleboard courts by each pool, car wash area, grilling and dining pavilion. *Owners are allowed 2 pets with no weight or size restriction but only restricted by "aggressive breeds" per Association's Master Insurance Policy. **Association approved each owner making a 13th payment of $450 towards Reserve Funds. Buyer will assume all future payments, with next payment due October 2025. ** 3D Tour is available to view at: https: //nodalview. com/s/1h5bA9XfX9YuHU1aKQjYfe
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William Raveis Mortgage, LLC
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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 | $396,000 | $396,000 | $396,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.191% | 7.159% | 6.392% |
Monthly Tax Payment | $375 | $375 | $375 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,601 | $2,632 | $3,368 |
Total Monthly Payment | $3,051 | $3,082 | $3,818 |
* 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.