BACK ON THE MARKET!
The previous buyers' financing fell through, offering you a second chance to own this spacious 3-bedroom, 2-bath condo at a newly reduced price slightly less than its appraised value. This is an incredible opportunity to secure a rare gem at Pier Point, featuring one of the few double balconies with panoramic ocean views and front-row seats to Jacksonville Beach Pier events, including spectacular fireworks displays.
Located on the 4th floor, Unit 408 is move-in ready and offers an open-concept living area with large sliding glass doors that connect both the living room and primary suite to the double balcony. The condo features ceramic tile and hardwood floors, a kitchen with granite countertops and stainless steel appliances, and several recent updates, including a new oven, microwave, and water heater in 2020, balcony fans in 2024, and an AC unit replaced in 2015. The primary suite bath has been updated with new lighting and mirrors, while interior ceiling fans were added in 2020. A water softener hookup is also available in the hall closet.
Pier Point recently completed a brand-new pool deck, and the cabana has been freshly painted, enhancing the property's appeal. This condo is not only a rare find for its location and ocean views but also an excellent value, selling at or near its appraised price.
Schedule your showing today to experience this exceptional property for yourself!
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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 | $532,000 | $532,000 | $532,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $469 | $469 | $469 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,584 | $3,536 | $4,486 |
Total Monthly Payment | $4,145 | $4,097 | $5,047 |
* 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.