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Private island, multi-generational retreat in the heart of Davis Shores. Situated on a rare 1/3-acre lot with no HOA, this unique one-story pool home offers space, flexibility, and the laid-back coastal lifestyle everyone dreams of. The main home flows effortlessly with 3 bdrms and 2 baths, while just steps away you’ll find a newly constructed, fully functional 360sf mother-in-law cottage complete with its own kitchen and full bath — perfect for guests, extended family, rental income, or a private home office. There's a separate shed for added storage or hobby space and an unfinished attic giving options of an added bonus room/bedroom or just ample storage; possibilities galore! Step outside and you’re transported into your own tropical sanctuary. The lush backyard has mature palms and vibrant greenery, an above-ground sparkling pool surrounded by expansive composite decking. Davis Shores is an established neighborhood, located in the City of St Augustine, just over the Bridge of Lions, a short stroll to local island restaurants, the St Augustine Ampitheatre, the Alligator Farm and just two miles from the beach. Whether it’s morning coffee under the palms, afternoon poolside lounging, or sunset dinners within walking distance, this property delivers both convenience and coastal charm! Zoning allows for one rental event per week, along with registration with the City of St Augustine.
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Our Executive Mortgage Banker:
Our Insurance Division:
$740,000
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 |
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|---|---|---|---|
| Loan Amount | $592,000 | $592,000 | $592,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.431% | 5.873% |
| Monthly Tax Payment | $876 | $876 | $876 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,502 | $3,645 | $4,834 |
| Total Monthly Payment | $4,470 | $4,613 | $5,802 |
* 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.