Pre-Construction. To be built. Under Construction-Brand new oceanfront home in Flagler Beach! This home is already started but its not too late to make selections and make this home yours. This home features an elevator to access all 3 floors, making it a breeze to take groceries and your luggage to bedrooms and kitchen. Then enjoy the breathtaking views of the Atlantic and Intracoastal waterway. Use the boardwalk for instant access to the beach. Second and third stories have covered balconies to enjoy the spectacular beach front. The ground level offers a large 2 car garage. Two triple sliders off living room and kitchen will provide stunning views and will let in that Florida brightness. Second floor features a large theatre room. Two kitchen areas, one in the 1st floor and another on the 3rd. Ground floor features 2 guest bedrooms, and a large living room. This is an ideal spot for the whole family to gather and recharge to the sound of waves crashing on the shore. The kitchen features an island with breakfast bar seating and fabulous prep space. Wake each morning to the sun coming up over the Atlantic. Flagler Beach is a retro town with salty style. Friendly residents and open-air restaurants set the stage for a laid-back afternoon. Enjoy Flagler Beach's eclectic shops, surfing, a classic fishing pier and a six-mile-plus stretch of spectacular ocean views – with complete access to the beach. . . a tranquil, coastal gem, with NO restrictive HOA, just 25 minutes south of St. Augustine, 25 minutes north of Daytona Beach and 75 minutes east of Orlando. An unprecedented opportunity to own a NEW oceanfront home in Flagler Beach! This one won’t last- don’t delay!
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,850,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,280,000 | $2,280,000 | $2,280,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 7.000% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.851% | 7.103% | 7.041% |
Monthly Tax Payment | $458 | $458 | $458 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $15,554 | $15,169 | $20,334 |
Total Monthly Payment | $16,137 | $15,752 | $20,917 |
* 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.