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Unobstructed views of the Atlantic Ocean, the inlet, Anastasia Island, and the St. Augustine Lighthouse set the tone for this rare waterfront opportunity in the heart of Vilano Beach. Located on a quiet dead end street, 2651 Palencia Street offers privacy, flexibility, and a front row seat to one of the most dynamic coastal settings in Northeast Florida. Enter the home by way of the wraparound deck on the second level, where sailboats pass through the inlet and the ocean breeze is constant. From there, the main living area flows seamlessly between the kitchen, dining, and living spaces, all oriented to capture the water views. This level also features three bedrooms, two full bathrooms, and an in unit laundry area, creating a layout that works well for both full time living and visiting guests. The ground level offers a separate living area with its own bedroom, bathroom, and living space, providing privacy from the main living area and flexibility for various uses. This space works well for guests, extended family, a private home office, or potential rental income. Take advantage of the ample garage space and additional storage for beach toys, tools, and surfboards. The oversized lot adds another layer of opportunity, providing space to expand, reconfigure, or develop in the future. With no HOA, owners have the freedom to truly make this property their own. The lifestyle here is what makes this location so special. Morning walks along the inlet with the lighthouse in the distance, quick trips to the beach just steps away, and easy access to Vilano Beach restaurants, shops, and local favorites all within walking or biking distance. Waterfront, walkability, and views are a rare combination, and this property offers all three. Whether you are looking for a primary residence, second home, investment property, or a long term redevelopment opportunity, this is one of those hard-to-find and even harder-to-replace properties. Book your private tour today!!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,575,000
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 | $1,260,000 | $1,260,000 | $1,260,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.289% | 6.259% | 6.203% |
| Monthly Tax Payment | $293 | $293 | $293 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,453 | $7,656 | $10,633 |
| Total Monthly Payment | $7,871 | $8,074 | $11,051 |
* 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.