481 Shores Blvd is ideally positioned in the heart of St. Augustine Shores, an established and highly desirable residential community with continued year-over-year growth. Serving a population of more than 10, 000 residents and approximately 4, 000 homes within a five-minute drive, the property offers exceptional neighborhood accessibility without the congestion associated with the US-1 corridor. Its central location allows for convenient access by both vehicle and bicycle, making it a natural destination for community-serving businesses. Building Opportunity: The property is well suited for a single user seeking a standalone presence or a thoughtfully designed multi-tenant configuration (no more than two tenants). Flexible interior layouts allow for customization to support a wide range of professional, medical, office, educational, or service-oriented uses. The building's scale and adaptability provide long-term versatility for owners and tenants alike. Market & Community Demand: St. Augustine Shores remains underserved for local retail and professional services, with residents frequently traveling outside the immediate area to meet everyday needs. 481 Shores Blvd presents a rare opportunity to fill this gap by establishing a conveniently located, neighborhood-focused destination. Businesses located here are positioned to benefit from strong built-in demand, repeat local traffic, and long-term community loyalty.
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Our Executive Mortgage Banker:
Our Insurance Division:
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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 | $27 | $27 | $27 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.322% | 6.280% | 5.628% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $0 | $0 | $0 |
| Total Monthly Payment | $75 | $75 | $75 |
* 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.