525 3RD Street N, #408, Jacksonville Beach, FL, 32250 | $665,000

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!

Features

  • Parking: Additional Parking, Assigned, Community Structure
  • Heating: Central, Electric, Heat Pump
  • Cooling: Central Air, Electric
  • Amenities: Barbecue, Clubhouse, Elevator(s), Fitness Center, Spa/Hot Tub, Storage
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: In Unit
  • Complex: Pier Point
  • Year Built: 2007
  • Common Charge: $756 Monthly
  • Approx Sq. Feet: 1,604
  • Acreage: 0.01
  • Est. Taxes: $5,630
  • View: Ocean
  • Elem. School: San Pablo
  • Middle School: Duncan Fletcher
  • High School: Duncan Fletcher
  • Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Freezer, Microwave, Refrigerator, Washer
  • MLS#: 2047862
  • Days on Market: 91 days
  • Website: https://www.raveis.com
    /prop/2047862/5253rdstreetn_jacksonvillebeach_fl?source=qrflyer
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The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than William Raveis Real Estate are marked with the listing broker's name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed.
Listing courtesy of Berkshire Hathaway Homeservices Florida Network Realty

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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525 3RD Street N, #408, Jacksonville Beach, FL, 32250

$665,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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.