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Turnkey investment potential meets coastal living in Pelican Inlet. Ideally located between the Intracoastal Waterway and the sands of Crescent Beach, this property offers the flexibility to serve as a personal retreat, full-time residence, or income-producing short-term rental. The unit has a proven Airbnb track record, generating approximately $43, 000 annually, and can be conveyed fully furnished and turnkey for a seamless transition into a ready-to-go rental operation with the right terms. Inside, you will find an open and inviting layout with “under the sea” coastal vibes, a spacious primary suite, and a guest-friendly second bedroom configuration that comfortably accommodates up to five. The first-floor location provides easy access and convenience, along with close proximity to the community pool, pickleball and tennis courts, and outdoor gathering spaces. Enjoy mornings on the screened patio, afternoons with a quick walk across to the beach access directly across from the complex leading to Crescent Beach sand, or quick entry to boating, fishing, and kayaking with a nearby public ramp and pier. Just a short drive to St. Augustine, you are close to historic charm, dining, and year-round attractions that continue to drive strong rental demand. Whether you are looking for lifestyle, income, or both, this property delivers a rare combination of location, flexibility, and proven performance.
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Our Executive Mortgage Banker:
Our Insurance Division:
$279,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $223,200 | $223,200 | $223,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | $271 | $271 | $271 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,374 | $1,409 | $1,853 |
| Total Monthly Payment | $1,719 | $1,754 | $2,198 |
* 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.