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Investor Special with Stunning Marsh & Water Views - Prime Location in St. Augustine South. Opportunity awaits in one of the most desirable neighborhoods in St. Augustine! This property is all about LOCATION and POTENTIAL! Nestled in the sought after St. Augustine South community, this homesite offers breathtaking marsh and water views that are hard to come by. The exsisting structure is in poor condition and will require full renovation or possible teardown, making it ideal for investors, builders, or buyers looking to create a custom dream home from the ground up. No HOA - bring your vision! Ideally situated near county boat ramps and the Intracoastal Waterway, with easy access to shopping, hospital, and historic downtown St. Augustine. Enjoy relaxing days on the area's stunning white sandy beaches just minutes away. This is a rare chance to secure a premium lot (potential for an additional lot next door) in a prime location at a value price. Weather you're looking to renovate or rebuild, the end result could be truly spectacular. Don't miss out on turning this hidden gem into a showpiece. First time available in decades-this long -held family property presents a prime investment opportunity with incredible marsh and water views. Cash sale required.
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Our Executive Mortgage Banker:
Our Insurance Division:
$329,900
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 | $263,920 | $263,920 | $263,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.625% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.609% | 6.887% | 6.078% |
| Monthly Tax Payment | $60 | $60 | $60 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,625 | $1,690 | $2,209 |
| Total Monthly Payment | $1,760 | $1,825 | $2,344 |
* 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.