|
|
Presented by
John Miranda |
Tucked high in the dunes east of A1A on an oversized lot that runs street to street, 40 E Magnolia Ave captures the essence of classic coastal living. Just three homes back from the beach, this quintessential beach house offers beautiful Atlantic Ocean views and the relaxed lifestyle that makes this location/neighborhood so special. With four bedrooms, three bathrooms, and two separate living quarters, the floor plan is both flexible and highly functional, making it ideal as a primary residence, vacation retreat, or income-producing rental. Thoughtfully updated and meticulously maintained, the home is move-in ready and being offered turn key. While the interior is comfortable and inviting, the outdoor spaces are where this property truly shines. The fully fenced backyard creates a private setting for entertaining and enjoying the coastal climate, complete with an outdoor kitchen for alfresco dining, an outdoor shower for rinsing off after the beach, play-ground, and a splash pool perfect for cooling off or relaxing in the sun. The spacious yard offers plenty of room for gathering with friends and family while enjoying the ocean breeze. Located in the highly desirable Biera Mar neighborhood, the home is surrounded by some of the area’s most sought-after beach properties and is just moments from the sand, excellent local restaurants, and a short drive to historic downtown St. Augustine. Opportunities like this, combining location, lifestyle, and versatility, rarely come to market.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,250,000
Sales Associate
William Raveis Real Estate
Phone: 203.876.7507
John.Miranda@Raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.274.0501
Gerry.OBrian@raveis.com
NMLS Mortgage Loan Originator ID 223191
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,000,000 | $1,000,000 | $1,000,000 |
| 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% | 6.235% | 6.183% |
| Monthly Tax Payment | $770 | $770 | $770 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,836 | $6,076 | $8,439 |
| Total Monthly Payment | $6,731 | $6,971 | $9,334 |
* 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.