Welcome to the coveted Palm Row, a rare offering on a quite dead-end street in Downtown St. Augustine. With its high and dry prime location boarding St. George Street and Palm Row, this 4-bedroom, 3-bathroom residence is awaiting a restoration to its former glory. High Ceilings and plentiful large east facing windows brings an abundance of natural light into the rooms. All main living is on the first floor, with all bedrooms located on the second. The owner has historic preservation board approval for the renderings and exterior changes shown in the attached documents, offering a head start on the restoration process. The property offers 2 off street parking spaces behind the home adjacent to St. George Street. Come take a look at this beautiful piece of St. Augustine History!! Beyond the walls of this residence lies a neighborhood steeped in history, with cobblestone streets, quaint shops, and an array of cultural landmarks right at your doorstep. From browsing art galleries to indulging in culinary delights at local eateries, you'll relish in the vibrant atmosphere that makes St. Augustine a beloved destination. This home represents a rare opportunity for those seeking to create a one-of-a-kind living space in the heart of St. Augustine's historic district.
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $518,400 | $518,400 | $518,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.295% | 6.538% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,449 | $3,493 | $4,445 |
Total Monthly Payment | $3,541 | $3,585 | $4,537 |
* 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.