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Enjoy coastal elegance in this beautiful 3 bed/ 2 bath Ocean Reef condominium located in Saint Augustine Beach. With over 1500 square feet of living space and only 18 other units in this boutique property, there is plenty of space to relax and unwind. As you enter the unit, you will notice the well-appointed kitchen with granite counter tops, breakfast bar and Frigidaire Gallery refrigerator installed in 2024. The open flow from kitchen to dining to living makes entertaining a breeze. Just beyond the living room, you will find the serene balcony. A perfect spot to enjoy your morning coffee. Easy beach access across the street at the Ocean Hammock Park Walkway. After your day at the beach, take a plunge in the refreshing condo pool. The large primary bedroom is light and bright with a walk-in closet and ensuite bath equipped with dual vanities, separate shower and jetted garden tub. The two additional bedrooms provide plenty of room for hosting family and friends. One of the guest bedrooms is equipped with a Murphy Bed making it an easy transition from bedroom to office space. Convenient laundry room located inside the unit. Wind-rated windows. Water heater new in 2023 and the dishwasher was new in 2022. The Ocean Reef complex is equipped with an elevator! This unit is being sold furnished with just a few exclusions. Are you looking for a full-time residence, investment property or second home? All are possible. Short-term rentals are allowed with 1 week being the minimum. This unique location is a must see as you are close to the ocean and just a few miles from vibrant, historic downtown Saint Augustine where you will find great restaurants, shops and a variety of entertainment options. This is an amazing opportunity to live the Florida dream! Call today to schedule an appointment.
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Our Executive Mortgage Banker:
Our Insurance Division:
$445,000
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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $356,000 | $356,000 | $356,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.500% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.375% | 6.638% | 5.972% |
| Monthly Tax Payment | $468 | $468 | $468 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,192 | $2,250 | $2,956 |
| Total Monthly Payment | $2,735 | $2,793 | $3,499 |
* 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.