106 E St, Saint Augustine, FL, 32080 | $1,810,000

Welcome to The E Street Palace — The Ultimate Beach Pad, a fully remodeled, turn-key luxury 3BR/3BA home just steps from the beach, restaurants, and shopping, and located outside the flood zone. This commercial-zoned property allows short-term rentals without a transient license and generates over $100K annually in rental income with minimal effort, with more than $31K already booked Feb-May. The home features brand-new siding and impact windows, a stunning custom kitchen with quartz waterfall island, plus a second full kitchen and living area creating a private first-floor in-law suite. Enjoy a heated saltwater pool, private outdoor shower, custom exterior lighting, pet turf with marble pavers, and a massive covered granite outdoor kitchen and bar. A covered outdoor movie theater and firepit lounge complete the space. With two kitchens, two living areas, and custom finishes throughout, this is one of the most thoughtfully designed and income-producing beach homes available.

Features

  • Bedrooms: 3
  • Baths: 3 full
  • Lot Size: 5227
  • Year Built: 1999
  • Heating: Heat Pump
  • Cooling: Central
  • Approx Sq. Feet: 1,839
  • Acreage: 0.12
  • Lot Size: 5227
  • Est. Taxes: $6,723
  • MLS#: 261681
  • Days on Market: 5 days
  • Website: https://www.raveis.com
    /eprop/261681/106est_saintaugustine_fl?source=qrflyer
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Listing courtesy of Reach Realty LLC

William Raveis Family of Services

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.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
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To learn more about our credentials, visit raveis.com today.

Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Pedro DelgadilloInsurance Sales Director, William Raveis Insurance

305.922.5393

Pedro.Delgadillo@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

106 E St, Saint Augustine, FL, 32080

$1,810,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,448,000 $1,448,000 $1,448,000
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 6.239% 6.235% 6.164%
Monthly Tax Payment $560 $560 $560
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $8,450 $8,798 $12,219
Total Monthly Payment $9,135 $9,483 $12,904

* 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.