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DISCOVER THIS EXCEPTIONAL OPPORTUNITY TO ACQUIRE THREE (3) DIRECT OCEANFRONT PARCELS IN THE HIGHLY COVETED COASTAL ENCLAVE OF PONCE INLET ON THE PRISTINE WHITE SAND 'NO DRIVE' BEACH!! These three lots are the only undeveloped parcels in this exclusive boutique community known as The Cottages in Ponce Inlet. The Cottages is defined by its thoughtfully designed detached residences, private entrances, spacious two-car garages, and serene courtyard-style living that includes your own secluded backyard retreat--perfectly positioned against protected dunes for enhanced privacy and peace-of-mind. Residents enjoy private beach access via a dedicated walkover to the pristine 'no-drive' beach, offering a tranquil and unspoiled coastal experience. The four existing residences within the community are solid block construction and showcase refined craftsmanship, private elevators & expansive verandas boasting sweeping ocean views on both the second and third levels. This offering includes all three parcels as a package, encompassing 4873 S Atlantic (Unit 1), 4875 S Atlantic (Unit 2), and 4877 S Atlantic (Unit 3) featuring an impressive 173 feet of total road frontage. These cleared, build-ready homesites present a remarkable opportunity to build three oceanfront residences in one of Florida's most desirable coastal settings. Build your dream residence on one lot while selling the other two, or build three separate residences to accommodate family and future generations in a shared yet private seaside setting. Whether you choose to maximize value, create a multi-home retreat, or secure long-term investment potential, this rare offering delivers both flexibility and the chance to enjoy an irreplaceable oceanfront lifestyle. Enjoy the convenience of walking or biking to local attractions including the iconic Ponce Inlet Lighthouse, Jetty Park, and the Marine Science Center. Indulge in waterfront dining and live entertainment, or take advantage of the area's abundant recreational offerings such as charter fishing, boating, marina access, surfing, kayaking, canoeing, parks, nature preserves, museums, and even a dog-friendly beach. Reach out today for additional information or to arrange your private showing of this exceptional opportunity.
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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,250,000
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 | $2,600,000 | $2,600,000 | $2,600,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.350% | 6.361% | 6.203% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $15,588 | $16,009 | $21,940 |
| Total Monthly Payment | $15,713 | $16,134 | $22,065 |
* 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.