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2044 South Oceanshore Boulevard in Flagler Beach, Florida is a rare opportunity to own a newly built, three story coastal property designed around flexibility, income potential, and lifestyle.
Completed in 2024, this 3, 706 square foot property includes six bedrooms and five bathrooms across three fully independent residential units. Each unit occupies its own floor, features a separate private entrance, and functions as an individual residence. This design allows the property to be lived in, rented long term, rented short term, or operated as a combination of all three.
Whether you choose to live in one unit and rent the others, operate all three as short term rentals, hold them as long term income producing leases, or mix strategies over time, this property provides options that are increasingly difficult to find in Flagler Beach.
The first floor offers approximately 1, 170 square feet and includes garage access. The second and third floors each provide roughly 1, 300 square feet and feature both front facing and rear balconies, creating functional indoor outdoor living on every level. Each unit is thoughtfully laid out to support privacy, usability, and independent living.
An elevator shaft has already been framed and pre plumbed, allowing for future installation without structural changes. Interior finishes are clean, modern, and refined, reflecting the advantages of new construction where nearly everything is new.
Situated on a corner lot along South Oceanshore Boulevard, the property offers added presence, natural light, and privacy. This is a true one of one build and currently the only property of its kind available on the market in Flagler Beach.
For buyers seeking a Flagler Beach investment property, a multi unit coastal home, a short term rental opportunity, or a primary residence with built in income potential, this property delivers versatility, modern construction, and long term value in a highly desirable coastal location.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,700,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $2,160,000 | $2,160,000 | $2,160,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.251% | 6.259% | 6.203% |
| Monthly Tax Payment | $1,711 | $1,711 | $1,711 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $12,605 | $13,124 | $18,227 |
| Total Monthly Payment | $14,441 | $14,960 | $20,063 |
* 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.