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Experience a RARE Opportunity to own one of only five TERRACE Residences in the sought-after 1661 Riverside Community. This 2 bedroom, 2 bathroom fourth-floor unit features a private 10' x 28' (approx. 280 sq ft) terrace, an exceptional outdoor living space with views of the St. Johns River, Memorial Park, Downtown and historic May Street one of the original brick streets. Designed for seamless indoor-outdoor living, the terrace is perfect for dining, relaxing, or entertaining. Inside, an open layout connects the living and dining areas, while the streamlined kitchen offers a highly functional design with open sightlines to the main living space. Shopping and dining are located just downstairs, with Publix directly across the street for added convenience. Secure building with controlled access, elevator service, and garage parking including one covered and one top-level space, both located near the unit. Close proximity to Downtown, Jacksonville International Airport and NAS Jax. This residence offers a lifestyle that blends comfort, convenience, and character in a way that is truly unique to Riverside. From the moment you step inside, the natural flow of the space with 11. 5' ceilings draws you outward where the terrace becomes a daily extension of your living area. Whether it's starting the day with coffee in the open air, enjoying the peaceful backdrop of Memorial Park, or hosting an intimate evening gathering under the sky, this outdoor space invites you to slow down and savor where you live. The interior complements this experience with a layout designed for both ease and connection. The kitchen, positioned to overlook the main living space, allows you to remain part of every moment, whether preparing a meal, entertaining guests, or simply enjoying a quiet night at home. The open living and dining areas feel inviting without being overwhelming, offering flexibility for both everyday living and special occasions. Beyond the unit itself, the community enhances the experience with thoughtfully designed shared spaces. A private ground-level courtyard provides a quiet place to relax, while the rooftop lounge, open to the elements, offers an elevated setting for gathering with friends, taking in city views, or enjoying seasonal fireworks. The building's secure access, elevator service to all floors, and well-located parking add an extra layer of ease to daily life. Positioned in the heart of Riverside, this location places you in close proximity to some of Jacksonville's most loved destinations. Local dining, neighborhood shops, parks, and the charm of Avondale are all nearby, creating an environment where convenience and character come together. It's a setting that feels vibrant yet established, offering both energy and a sense of home. Schedule a private tour today! With its rare terrace, thoughtful layout, and exceptional location, this residence presents a unique opportunity to enjoy a lifestyle that is both elevated and effortlessly livable--something that seldom becomes available in this community.
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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 | $311,200 | $311,200 | $311,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.866% |
| Monthly Tax Payment | $131 | $131 | $131 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,864 | $1,941 | $2,563 |
| Total Monthly Payment | $2,070 | $2,147 | $2,769 |
* 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.