14 Julia St, Saint Augustine, FL, 32084-0000 | $350,000

A hidden gem awaits at 14 Julia Street. Situated on the eastern end of the street, these 2 lots offer the potential for beautiful views of the San Sebastian River and making the most of colorful sunrises to greet each day. Currently configured with an east-west orientation, the lots are planned to be reconfigured through lot line adjustments into two north-south parcels. Each lot will feature approximately 57. 5 feet of frontage along Julia Street and a depth of 105 feet. With thoughtful planning and design, the easternmost homesite will capture expansive views of the San Sebastian River, while the interior lot is expected to have strong river vistas from the 2nd story and upper-level porches. The property is currently improved with an older residence and several outbuildings; however, the value lies primarily in the land and its development potential. Demolition approval has been requested and is anticipated to be available through an administrative review process. Adding to the appeal, the City of St Augustine does not impose impact fees, and both water and sewer service are available. There is also potential to retain existing utility connections for the interior lot, while applications for new service have already been submitted. ? A significant advantage of this offering is the wooded parcel directly across Julia Street, which is owned by the City of St. Augustine and maintained as conservation land. This protected green space helps preserve the natural setting, enhances privacy, and safeguards the low key character of the neighborhood. ?The ?l?ots have RG-1? zoning, allowing up to 35% lot coverage on conforming lots, and both proposed parcels meet the requirements for conforming status. RG-1 zoning also permits a variety of favorable rental and investment uses, creating flexibility for those seeking either a primary residence, second home, or income-producing property.

Features

  • Zoning: RG-1
  • Lot Size: 115 x 105
  • Lot Desc: Cleared,Corner Lot,Cul-de-Sac
  • Boat Access: No
  • MLS#: 262665
  • Days on Market: 12 days
  • Website: https://www.raveis.com
    /prop/262665/14juliast_saintaugustine_fl?source=qrflyer
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Listing courtesy of One Sotheby's - Downtown

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NMLS Mortgage Loan Originator ID 16953

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14 Julia St, Saint Augustine, FL, 32084-0000

$350,000

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 $280,000 $280,000 $280,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.990% 6.490% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.370% 6.615% 5.866%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,677 $1,768 $2,306
Total Monthly Payment $1,752 $1,843 $2,381

* 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.