BACK AND BETTER! Curate your own postcard living on Amelia Island centered around this quiet corner lot, just a 5-minute walk from Historic Downtown Fernandina, less than 10-minute drive to Main Beach, one block from Central Park, and a half-mile from public schools. This immaculate 3-bedroom, 2-bath coastal cottage has been fully renovated from wiring to roof and now includes the added convenience of a back entrance that opens to your future courtyard, outdoor entertainment space, or studio office. Moving through the home, you'll find comfort in the new-build-like quality and precision that shines through every updated inch: new roof, HVAC, water heater, doors and windows, full re-wire, new stainless steel appliances, and fresh LVP flooring throughout. Ask me for a complete upgrade list! The move-in-ready interior offers you the flexibility to take advantage of the mixed-use zoning (MU-8) and reimagine the generous yard space to fit your needs. . . . The commercial and residential 8th Street corridor allows you to operate a small business from home, build a mother-in-law unit, add a carport or small garage, or install a privacy fence to create your own backyard oasis. Imagine mornings with coffee from your porch swing before your short walk to the shops lining Centre St, your 10 minute daytime commute anywhere on the island, and sunsets that you catch from your new neighboring marina or back on your porch swing. This home was made for someone wanting to truly live like a local; a place where you can collapse in the midst of the slow-down-small-town charm, or cross the street and join the hustle of the weekly events & nightlife. Location, condition, affordabilitv-check all of your boxes. Call to schedule your tour today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$487,900
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 | $390,320 | $390,320 | $390,320 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.191% | 7.171% | 6.276% |
Monthly Tax Payment | $376 | $376 | $376 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,564 | $2,594 | $3,292 |
Total Monthly Payment | $3,015 | $3,045 | $3,743 |
* 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.