536 SPANISH Way W, Fernandina Beach, FL, 32034 | $739,000

Welcome to 536 Spanish Way West, a beautifully maintained and energy-efficient home tucked away on a quiet cul-de-sac street in the desirable Isle de Mai neighborhood on beautiful Amelia Island. Featuring solar panels installed in 2022 with a 25-year warranty and average electric bills of approximately just $29 per month, this home offers an incredible opportunity to enjoy sustainable island living with long-term savings. Additional major updates include exterior repainting in 2021, HVAC and water heater replacements in 2025, a forthcoming roof in 2026, and a Level 2 EV charger. Overlooking a peaceful six-acre lake and backing directly to the Amelia River-to-Sea Trail, this property offers an exceptional coastal lifestyle with walkability and biking access to the beach, easy on-and-off island access, and close proximity to the future SeaGrove Village with plans to feature a food hall, restaurants, shops, and outdoor concerts. Inside, the split-bedroom floor plan features crown molding, blinds throughout, and a spacious open-concept living area with an electric fireplace. Kitchen updates over the last four years include replacing the refrigerator, dishwasher, and microwave. The owner's suite is privately located at the rear of the home and features double-door entry, and two walk-in closets. The spacious bathroom features double vanities and a soaking tub. Outdoor features include a fenced backyard with gate access to the trail, mature trees, paver driveway and walkway, gutters, hurricane shutters, a grilling pad, irrigation, and a screened lanai with privacy screens. The deeper garage includes a utility sink and a water softener loop. Low HOA fees and a community pool complete this exceptional Fernandina Beach opportunity.

Features

  • Amenities: Pool
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: In Unit
  • Style: Ranch, Traditional
  • Year Built: 2011
  • Garage: 2-car
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 2,111
  • Acreage: 0.16
  • Est. Taxes: $9,862
  • HOA Fee: $700 Annually
  • Lot Desc: Cul-De-Sac, Many Trees
  • Elem. School: Southside
  • Middle School: Fernandina Beach
  • High School: Fernandina Beach
  • Appliances: Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Range, Microwave, Refrigerator, Washer
  • MLS#: 2146313
  • Days on Market: 3 days
  • Website: https://www.raveis.com
    /prop/2146313/536spanishwayw_fernandinabeach_fl?source=qrflyer
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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
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Our Insurance Division:

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536 SPANISH Way W, Fernandina Beach, FL, 32034

$739,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $591,200 $591,200 $591,200
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 $822 $822 $822
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,640 $3,733 $4,909
Total Monthly Payment $4,554 $4,647 $5,823

* 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.